CFIUS Update: CITIC Capital Acquisition Corp. and Quanergy Systems, Inc. By Trade Practitioner on August 25, 2021 Posted in Artificial Intelligence, Autonomous Driving, CFIUS Case Summaries, Foreign Investment Reviews, Internet of Things, Not a Covered Transaction Status: Mitigation; Clearance Acquirer: CITIC Capital Acquisition Corp. (Cayman Islands) Acquired: Quanergy Systems, Inc. (US) Value: US$1.4 billion Industry: Autonomous Vehicles; Artificial Intelligence; Internet of Things… Continue Reading
CFIUS Clearance: Toyota Motor Corporation and CARMERA, Inc. By Trade Practitioner on August 18, 2021 Posted in Autonomous Driving, CFIUS Case Summaries, Clearance Status: Clearance Acquirer: Toyota Motor Corporation (Japan) Acquired: CARMERA, Inc. (U.S.) Value: Undisclosed Industry: Autonomous Vehicles… Continue Reading
CFIUS Investigation: Sina Corporation and TuSimple Holdings Inc. By Trade Practitioner on August 18, 2021 Posted in Autonomous Driving, CFIUS Case Summaries, Investigation Status: Mitigation; Clearance Acquirer: Sina Corporation (China) Acquired: TuSimple Holdings Inc. (US) Value: Unknown Industry: Autonomous Vehicles… Continue Reading
CFIUS Filing Clearance: SoftBank Group and GM Cruise Holdings By Trade Practitioner on July 8, 2019 Posted in Autonomous Driving, CFIUS Case Summaries, Clearance, Transportation, US Status: Clearance Acquirer: SoftBank Group Corp. (Japan) Acquired: GM Cruise Holdings (US) Value: US$2.25 Billion Industry: Transportation; Autonomous Driving… Continue Reading
CFIUS Clearance: Evergrande Health Industry Group, China Evergrande, and Faraday Future By Trade Practitioner on June 27, 2018 Posted in Autonomous Driving, CFIUS Case Summaries, China, Clearance, Electric Vehicles, Technology, US Status: Clearance Acquirer: Evergrande Health Industry Group Limited (Hong Kong SAR, China); China Evergrande (China) Acquired: Faraday Future (US) Value: US$870 Million Industry: Technology; Electric Vehicles; Autonomous Driving… Continue Reading