Terry D. Nelson

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Many countries around the world are struggling to build a strong electric vehicle (EV) industry. The actual sales of EV’s are far below the target number of many governments. To boost the sales of EV’s, countries like the U.S., Germany, Japan, and China have introduced various types of governmental incentives. The U.S. offers tax credits up to $7,500 for a purchase of an EV; Germany offers tax exemption for a period of five years; and…
On July 10, 2013, the SEC voted to lift the ban on general solicitation and advertising for offerings limited to accredited investors under Rule 506 and for offerings under Reg. 144A of the Securities Act of 1933. As mandated by the U.S. Congress under the Jumpstart Our Business Startups Act of 2012 (JOBS Act), the SEC voted on July 10, 2013 to approve the lifting of the ban. Also on July 10, 2013, the SEC…