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ELECTRIC VEHICLES: Trump's America overtakes ‘green’ Europe in the electric car race

The US has become the second largest electric passenger car market in the world [1], selling 361,000 EVs in 2018 (a 2.1% market share) and relegating Europe to the third place with 302,000 cars (or a 2.0% market share), new analysis by Transport & Environment (T&E) shows. China continues to top the ranking with over one million EVs sold last year and an EV market share of 4%.

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EMISSIONS: JATO: European new car CO2 emissions highest average since 2014; shift from diesel to gasoline and SUVs rise

  • Date: 05-03-19
  • Category: EMISSIONS
  • Source: Green Car Congress

An analysis by JATO Dynamics has found that average new vehicle CO2 emissions in European increased in 2018, with the total average increasing by 2.4 g/km to 120.5 g/km in 2018—the highest average of the last four years. The analysis covered 23 markets in Europe and found a direct correlation between diesel car registrations and average CO2 emissions.

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AUTO PRODUCTION: BMW may stop making Mini at Cowley if there is no-deal Brexit

BMW has said it might be forced to stop making the Mini at its Cowley plant near Oxford in the event of a no-deal Brexit, putting more than 100 years of carmaking at the site at risk.

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AUTO SALES: UK new car market stable in February, as EVs shift up a gear

  • Date: 05-03-19
  • Category: AUTO SALES
  • Source: SMMT

British new car market stable in February, rising 1.4% following January dip, marking solid start to 2019.

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CHINA: China Lowers Growth Target and Cuts Taxes as Economy Slows

  • Date: 05-03-19
  • Category: CHINA
  • Source: Bloomberg

China lowered its goal for economic growth and announced a major tax cut, as policymakers seek to pull off a gradual deceleration while grappling with a debt legacy and the trade standoff with the U.S.

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COBALT: Billionaires Are On the Hunt for New Underground Cobalt

  • Date: 04-03-19
  • Category: COBALT
  • Source: Bloomberg

A coalition of billionaires led by Bill Gates has thrown its financial weight behind a startup hoping to build a "Google Maps for the earth’s crust" to hunt for new sources of cobalt.

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BATTERIES: U.K. Is Said to Plan Car-Battery Factory to Halt Autos Decline

  • Date: 04-03-19
  • Category: BATTERIES
  • Source: Bloomberg

Britain aims to build an industry-leading car-battery factory to accelerate a push into electric vehicles, people with knowledge of the plan said, as Brexit and an over-exposure to diesel models hurts demand and jobs.

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AUTO PRODUCTION: Demographic ‘time bomb' awaits automakers

General Motors' plan to idle or close five North American plants points to industrywide turmoil ahead. Electric vehicles, autonomous cars and new mobility services will radically reshape the auto industry in the coming decade. But as executive boards debate their future business model, they are overlooking another looming threat: the demographic time bomb.

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