Categoría: Geovanny Vicente

TOKYO, Feb. 9, 2021 /PRNewswire/ — Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business in February 2021.

Image 1: MIRAI-LABO’s «Microgrid Station»
https://kyodonewsprwire.jp/prwfile/release/M105709/202102040665/_prw_PI5fl_X5v4138F.png

With its unique battery grading technology and MBMS (Multiple Battery Management System) (*), MIRAI-LABO has succeeded in recycling (reusing) used EV batteries for autonomous street lighting dubbed «THE REBORN LIGHT.» In the future, along with the spread of systems that utilize reused EV batteries, including the AIR (Autonomous Intelligent Road) solar power generation pavement, known as Solar Mobiway, and distributed power generation and distributed power storage systems, a large number of reused EV batteries will be buried under the road.

(*) A system that monitors and controls multiple batteries to ensure that they are working properly.

Image 2: «AIR» in MIRAI-LABO
https://kyodonewsprwire.jp/prwfile/release/M105709/202102040665/_prw_PI1fl_ftUOqeDn.png

Image 3: MIRAI-LABO’s autonomous street lighting «THE REBORN LIGHT»
https://kyodonewsprwire.jp/prwfile/release/M105709/202102040665/_prw_PI2fl_dP21k9sa.png

Aucnet, on the other hand, has been engaged in online auctions for 35 years in several business areas, including used cars. In the automobile business, Aucnet conducts inspections and grading of more than one million used cars per year through AIS Inc., which was established with investments from companies handling used cars of Toyota, Honda, Nissan, Mazda and Subaru. In addition, in the digital product business, Aucnet performs data erasure, inspection and grading of over two million used smartphones, PCs, etc. per year, and sells them both domestically and internationally through global auctions. In this way, Aucnet has established know-how not only in inspection, but also in the standardization of grading technology for circulation-based auction distribution.

Image 4: Inspection and grading of used cars and used smartphones by Aucnet
https://kyodonewsprwire.jp/prwfile/release/M105709/202102040665/_prw_PI4fl_57NH6RZK.png

The two companies will share each other’s technology and know-how through a capital and business alliance concluded in 2019, and have now decided to prepare for entry into the new regenerative EV battery business and related markets.

In the automotive industry, the shift to EVs is underway worldwide from the perspective of environmental protection and sustainable development. On the other hand, although lithium-ion batteries installed in EVs utilize cutting-edge technology and rare mineral resources, a scheme for lifetime reuse to maximize their value has yet to be established. Through this joint project, Aucnet and MIRAI-LABO hope to contribute to the sustainable development of the automotive industry and to the solution to environmental issues by realizing the secondary distribution of EVs and the recycling and distribution of lithium-ion batteries.

In addition, by establishing inspection and grading technology for EV batteries, this project will also address the proper evaluation and formation of a fair price for used EVs, which are said to be more prone to decline in residual value compared to fuel vehicles. Aucnet and MIRAI-LABO will launch a joint project by the end of February 2021, which will make a significant contribution to achieving the U.N. SDGs.

Image 5: Secondary distribution of EVs and recycling of lithium-ion batteries
https://kyodonewsprwire.jp/prwfile/release/M105709/202102040665/_prw_PI3fl_guLmpA52.png

(References)

1. EV production volume trends
Europe, the U.S. state of California, China, and other countries/regions have announced a ban on the sale of new gasoline vehicles, including HVs, in the 2030s. According to a survey conducted by Yano Research Institute, the number of EVs (including HEVs and PHEVs) produced in 2016 was approximately 3.5 million units, and is expected to exceed 20 million units by 2030.
Source: Yano Research Institute, Ltd. «Survey on the xEV Global Market (2020)»
(released on August 17, 2020)

2. Used battery market trends
55,000 used EV batteries were recovered in 2018 but the number is estimated to surge to 3.4 million by 2025.
https://www.reuters.com/brandfeatures/second-lives

-Aucnet company profile
Company name: Aucnet Inc.
Head office: Aoyama OM Square, 2-5-8 Kita-Aoyama, Minato-ku, Tokyo (107-8349, Japan)
Representative: Kiyotaka Fujisaki, Chairman & CEO; Shinichiro Fujisaki, President & COO
Date of establishment: June 29, 1985
Capital: 1,729 million yen (as of December 31, 2019)
Consolidated net sales: 19.6 billion yen (as of December 31, 2019)
Consolidated number of employees: 664 (as of December 31, 2019)
Stock: First Section of the Tokyo Stock Exchange (Stock code: 3964)
Business description: Information distribution support service business, including the hosting and operation of auctions using the Internet

-MIRAI-LABO company profile
Company name: MIRAI-LABO Co., Ltd.
Head office: 3-3-20 Sennin-cho, Hachioji-shi, Tokyo (193-0835, Japan)
Representative: Toshio Hiratsuka, Representative Director
Date of establishment: April 6, 2006
Capital: 480 million yen (as of December 31, 2020)
Number of employees: 24 (as of January 1, 2021)
URL: https://mirai-lab.com/

View original content:http://www.prnewswire.com/news-releases/aucnet-and-mirai-labo-jointly-entering-business-of-recycling-and-distributing-used-ev-batteries-301224427.html

SOURCE Aucnet Inc., MIRAI-LABO Co., Ltd.

SUMMIT, N.J., Feb. 8, 2021 /PRNewswire/ — ECP Environmental Growth Opportunities Corp. (the «Company») announced today the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit.

The Company is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company intends to focus its search for a business combination target on businesses located in North America that concentrate on combatting climate change by decreasing the carbon intensity of energy production, increasing the efficiency of industrial and consumer-related activities, expanding electricity storage and distribution, and improving the overall sustainability of the economy through efforts to lower pollution and increase beneficial reuse.

The units will be listed on the Nasdaq Stock Market LLC («Nasdaq») and will trade under the ticker symbol «ENNVU» beginning on February 9, 2021. Each unit consists of one share of the Company’s Class A common stock and one-quarter of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at an exercise price of $11.50 per share. After the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on Nasdaq under the symbols «ENNV» and «ENNVW,» respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade.

Barclays, Morgan Stanley and BMO Capital Markets are acting as book runners for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,500,000 units at the initial public offering price to cover over-allotments, if any.

The offering is expected to close on February 11, 2021, subject to customary closing conditions.

The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from:

Barclays
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (888) 603-5847
Email: Barclaysprospectus@broadridge.com 

or

Morgan Stanley & Co. LLC
Attention: Prospectus Department
180 Varick Street, 2nd Floor 
New York, NY 10014

or

BMO Capital Markets Corp.
Attention: Equity Syndicate Department
3 Times Square, 25th Floor
New York, NY 10036
Email: bmoprospectus@bmo.com 

Registration statements relating to these securities have been filed with the Securities and Exchange Commission («SEC») and became effective on February 8, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ECP Environmental Growth Opportunities Corp. is a special purpose acquisition company formed by Energy Capital Partners Management, LP for the purpose of entering into a merger, stock purchase, or similar business combination with one or more businesses. The strategy of ECP Environmental Growth Opportunities Corp. is to identify and acquire businesses located in North America that concentrate on combatting climate change by decreasing the carbon intensity of energy production, increasing the efficiency of industrial and consumer-related activities, expanding electricity storage and distribution, and improving the overall sustainability of the economy through efforts to lower pollution and increase beneficial reuse.

Energy Capital Partners Management, LP is a leading private investment firm focused on North American power generation, renewables and environmental infrastructure investments. Energy Capital Partners Management, LP has expertise and investment focus in the areas of power generation, renewables and storage solutions and environmental infrastructure and services, emphasizing the transition to an electrified and sustainable future and helping companies achieve proven environmental standards across air, water, waste and recycling.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute «forward-looking statements,» including with respect to the Company’s initial public offering. No assurance can be given that the offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contact:
Emily Zovko
Telephone: (833) ECP-ENNV
Email: info@ecpennv.com 

View original content:http://www.prnewswire.com/news-releases/ecp-environmental-growth-opportunities-corp-announces-pricing-of-300-million-initial-public-offering-301224379.html

SOURCE ECP Environmental Growth Opportunities Corp.

WASHINGTON, Feb. 8, 2021 /PRNewswire/ — Today the American Conservative Values ETF (NYSE: ACVF) hails Florida Governor Ron DeSantis’ effort to crack down on Big Tech.

«Governor DeSantis’ effort to rein in Big Tech is a bold and necessary move to hold Big Tech responsible for silencing free speech and it also validates our decision to boycott investing in companies that may threaten our liberties,» said Tom Carter president of Ridgeline Research adviser to the American Conservative Values ETF.

Moreover, the governor’s action highlights the potential business risk in terms of potential financial penalties, lawsuits and reputational damage for companies that censor Conservative thought and expression. «Big Tech is creating political backlash by selectively targeting conservatives,» added Carter.

DeSantis announced he wants legislation to penalize companies he described as «monopoly communications platforms» such as Facebook, Twitter, Google, Apple and Amazon that use their dominance to censor Republican voices.

«We believe companies that engage in advancing a liberal agenda may negatively impact shareholder returns over the long run,» said Carter.

Specifically, DeSantis proposes the legislation will establish a $100,000-a-day fine to punish companies that remove a political candidate from platforms and another measure would allow Floridians and Florida’s attorney general the ability to file lawsuits if social media platforms do not equally apply standards. 

«We created the American Conservative Values ETF for the political conservative investor who wants to avoid investing in companies that actively attack their political values,» added Carter.

About ACVF

ACVF seeks to boycott ownership of companies which the adviser determines support liberal causes, charities, advocacy groups, campaigns, candidates, PACs, and think tanks. The fund is designed to be a core holding replacement for Large Cap Index ETFs and Mutual Funds. Its portfolio is broadly diversified and seeks to manage active risk to capitalization-weighted benchmarks such as the Russell 1000 and S&P 500.

View original content:http://www.prnewswire.com/news-releases/american-conservative-values-etf-hails-florida-governor-ron-desantis-crack-down-on-big-tech-301224307.html

SOURCE American Conservative Values ETF

MEDINA, Minn., Feb. 8, 2021 /PRNewswire-PRWeb/ — Rockler Woodworking and Hardware announced the company has made a $50,000 donation to the Hardwood Forestry Fund (HFF) to support 2021 tree-planting projects across the country. The contribution to HFF continues Rockler’s commitment to supporting the nonprofit organization, which is dedicated to establishing sustainable hardwood forests.

«We are proud this contribution will help with the important work of growing beautiful hardwood forests for everyone to enjoy,» said Ann Jackson, executive chairman of Rockler Woodworking and Hardware. «The Hardwood Forestry Fund is working to ensure future generations of woodworkers and furniture-makers have access to renewable hardwood lumber resources.»

Since 2008, Rockler has donated more than $100,000 to HFF to fund tens of thousands of tree-plantings across the country. Rockler’s donations to HFF have helped fund reforestation projects in Illinois, Indiana, Iowa, Minnesota, Ohio, Pennsylvania, Texas, Wisconsin and more.

«We are grateful for the ongoing support of Rockler, a company that has continued to provide considerable contributions over the years that have advanced our mission to establish high quality hardwood forests,» said John Varner, chairman of the board for HFF. «These important donations provide for the key resources to help our organization plant new, thriving forests.»

Since 1990, HFF has planted and managed more than 4 million trees in 30 states across the US, as well as in four international countries. Native tree species are selected for each unique site, but common species planted include black cherry, black walnut, red oak, hard maple, hickory and ash. Every sponsored project is required to have a management plan and harvest and regeneration schedule.

More information about Rockler’s commitment to the hardwood forestry fund and how individuals can participate can be found at rockler.com/forestry-fund.

About Rockler Woodworking and Hardware
Celebrating its 66th anniversary as a family-run business, Rockler Woodworking and Hardware supplies lumber to woodworkers online and in stores, with an expanded selection of wood now in many stores. Rockler is the nation’s premier supplier of specialty hardware, tools and other high-quality woodworking products. Rockler has 37 retail locations across 20 states, as well as extensive catalog and internet operations.

To learn more about Rockler, please visit http://www.rockler.com or call 1-877-ROCKLER, and follow us on social media:

• Facebook: https://www.facebook.com/Rockler
• Instagram: https://www.instagram.com/rockler_woodworking/
• Twitter: https://twitter.com/Rockler
• YouTube: https://www.youtube.com/user/RocklerWoodworking
• Pinterest: https://www.pinterest.com/Rockler/

About the Hardwood Forestry Fund
Using seedling planting, direct seeding, and forest management techniques to promote natural regeneration the Hardwood Forestry Fund creates sustainable forests on suitable and quality public sites. The young forests are managed for wildlife habitat, water quality, soil conservation, timber products, and natural resource education.

The Hardwood Forestry Fund is a 501 (c) (3) educational foundation based in Sterling, Virginia, and is supported by the forest products industry, conservation-focused foundations, and individuals. To make a donation or submit a grant application to the Hardwood Forestry Fund, please visit: https://www.hardwoodfund.org/. Contributions are deductible to the extent allowed by law. Tax ID 54-1674210.

Media Contact

Nathan Bowie, Rockler Woodworking & Hardware, 612-677-2250, nathan.bowie@onesimpleplan.com

Twitter

SOURCE Rockler Woodworking & Hardware