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AUTO SALES: JATO: Euro car market drops 7.9% in June; SUV demand slows; Tesla posts highest market share gain

  • Date: 26-07-19
  • Category: AUTO SALES
  • Source: Green Car Congress

The European car market dropped in June 2019 as 1.49 million vehicles were registered—down by 7.9% on the same time last year, according to data from JATO. It was the biggest monthly drop so far in 2019, as only four out of the 27 markets included in JATO’s analysis posted growth but counted for a marginal 2.6% of total registrations. SUV registrations totalled 556,400 units during the month, up by only 0.7% compared to the 552,500 units of June 2018.

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AUTO SALES: China auto group cuts 2019 sales forecast to a 5% drop

  • Date: 26-07-19
  • Category: AUTO SALES
  • Source: Reuters

BEIJING (Reuters) - China’s biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for the second year running.

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POLLUTION: A Dead End for Fossil Fuel in Europe’s City Centers

  • Date: 26-07-19
  • Category: POLLUTION
  • Source: Bloomberg

Ever since Volkswagen AG was found out in 2015 to be rigging engines, harmful car emissions have come under intense scrutiny from consumers and regulators. Municipalities in Europe have been pushing to get diesel cars, in particular, out of inner cities. Come 2024, a diesel car won’t get you around Paris or Madrid as the capitals ban all passenger vehicles running on the fuel.

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PGM PROJECTS: Generation Mining – A credible PGM project in a safe region

The Palladium markets have been red-hot lately, but it is extremely difficult to find decent platinum-group metals (PGM) projects with a nice palladium content in Tier-1 jurisdictions. Most of the larger PGM projects are in riskier countries like South Africa and Russia, and most of those projects are either too low grade or just haven’t reached critical mass yet. ValOre Metals (VO.V) announced the acquisition of the Pedra Branca PGM deposit in Brazil, but it’s Generation Mining ...

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ESKOM: Eskom’s monopoly has caused loadshedding, sabotaged SA’s future

  • Date: 26-07-19
  • Category: ESKOM
  • Source: City Press

The government’s conduct over the last century and more has led to the situation South Africa finds itself in today with regards to the provision of electricity.

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BATTERIES: LG Chem plans to invest $424 million for battery material plant in South Korea

  • Date: 25-07-19
  • Category: BATTERIES
  • Source: Reuters

SEOUL (Reuters) - South Korean battery maker LG Chem Ltd said on Thursday it had agreed to invest 500 billion won ($424.03 million) to build a factory in South Korea to produce cathode material for lithium-ion batteries.

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AUTO SALES: China's car sales expected to recover in H2

  • Date: 25-07-19
  • Category: AUTO SALES
  • Source: Xinhuanet

BEIJING, July 25 (Xinhua) -- China's car production and sales are both expected to recover in the next half of this year as car dealers have ratcheted up promotion before new emission standards took effect in some regions ahead of schedule, the China Securities Journal reported Thursday.

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BATTERIES: Tesla results: solar down, batteries up

  • Date: 25-07-19
  • Category: BATTERIES
  • Source: PV Magazine

Elon Musk’s EV and energy company is becoming increasingly irrelevant in the rooftop solar market, but battery sales are booming.

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