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PARTNERSHIP: Johnson Matthey and Sibanye-Stillwater form a strategic partnership to secure critical metals and accelerate new technologies for a low carbon future

  • Date: 19-03-21
  • Category: PARTNERSHIP
  • Source: Johnson Matthey

Global leader in sustainable technologies Johnson Matthey and leading international precious metals mining group Sibanye-Stillwater, form a strategic partnership. Collaboration will support development of science and technologies for new products and markets which will underpin sustainable supply chains for a low carbon future, including clean hydrogen production and fuel cells.

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ELECTRIC VEHICLES: Tesla to Miss Out on U.K. Subsidy as Government Lowers Price Cap

Tesla Inc. customers in the U.K. will have to pay more for Model 3s after the country lowered a cap determining which electric vehicles qualify for subsidies.

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HYDROGEN: Hydrogen Rivalry Intensifies With South Korea Challenging Europe

  • Date: 18-03-21
  • Category: HYDROGEN
  • Source: Bloomberg

South Korea’s plans to pump billions of dollars into hydrogen are positioning it to take on Europe as the leader in the emerging technology, although it’s lagging behind on investing in the cleanest form of the fuel.

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AUTO PRODUCTION: VW will not be able to make up 100,000 car lost production due to chip shortage this year

FRANKFURT -- Volkswagen Group was unable to build 100,000 cars due to the chip shortage that has hit the automotive sector, CEO Herbert Diess said.

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HYDROGEN: South Korean giants make $38.2 billion hydrogen fuel investment

  • Date: 12-03-21
  • Category: AUTO SALES
  • Source: Hydrogen Fuel News

South Korean giants make $38.2 billion hydrogen fuel investment Five conglomerates invested 43 trillion won to achieve a hydrogen economy by 2030.

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SEMICONDUCTORS: The EU plans to stack chips

The global semiconductor shortage has come at an extremely inopportune time, just as the European automotive industry struggles with the latest round of lockdowns a year on from the initial COVID-19 outbreak. One could argue, however, that this issue has been a year in the making. Understanding why will be crucial to avoid it happening again.

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AUTO SALES: India: Passenger Vehicle Sales Rise At The Fastest Pace In Five Months

  • Date: 10-03-21
  • Category: AUTO SALES
  • Source: Bloomberg

Factory-gate shipments of passenger vehicles rose at the fastest pace in five months, helped by utility vehicles and a low base even as supply chain constraints persist. Domestic wholesales of passenger vehicles rose 17.92% year-on-year to 2.8 lakh units in February, according to data released by the Society of Indian Automobile Manufacturers. That’s the seventh straight month of increase in sales. Car sales rose 4.43% over the year earlier to 1.55 lakh units.

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HYDROGEN: Saudi Arabia’s Bold Plan to Rule the $700 Billion Hydrogen Market

  • Date: 07-03-21
  • Category: HYDROGEN
  • Source: Bloomberg

The kingdom is building a $5 billion plant to make green fuel for export and lessen the country’s dependence on petrodollars.

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