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BATTERIES: Tesla Picks Germany for European Gigafactory

  • Date: 12-11-19
  • Category: BATTERIES
  • Source: Bloomberg

Elon Musk picked a glitzy event in Germany, a few hours’ drive from the birthplace of the internal combustion engine, to drop the news before some of the world’s biggest car bosses: Tesla Inc. plans to set up shop in their backyard.

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ELECTRIC VEHICLES: Tesla’s Model 3 Success Hits BMW the Hardest

We asked 5,000 owners about what it’s like to live with Elon Musk’s electric car. Here’s what we found.

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PGM PRODUCERS: Mimosa shelves US$70m refinery plant

Platinum Group of Metals (PGM) producer, Mimosa Mining Company, has shelved plans to build a US$70 million refinery plant at the Zvishavane premises for local beneficiation of the minerals after feasibility studies showed the investment would be uneconomic.

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AUTO SALES: China's NEV market may contract this year due to subsidy cut - industry assoc.

  • Date: 11-11-19
  • Category: AUTO SALES
  • Source: Reuters

BEIJING/SHANGHAI (Reuters) - Fewer new energy vehicles (NEV) could be sold in China this year than in 2018, an official at the country’s biggest auto industry association said on Monday, as customers hold back on purchases following a government decision to cut subsidies.

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PGM PRODUCERS: Implats may extend Zimbabwe mine in deal with neighbour Amplats, says report

IMPALA Platinum (Implats) hoped to extend the life of its Mimosa platinum group metal (PGM) in Zimbabwe by coming to an agreement with the mine’s neighbour, Unki, which is owned by Anglo American Platinum (Amplats), said Bloomberg News.

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AUTO SALES: Auto industry seeks ways to boost sales in rural China

  • Date: 11-11-19
  • Category: AUTO SALES
  • Source: Auto News

BEIJING -- Auto industry executives in China met with government officials over the weekend to discuss ways to promote higher vehicle sales in rural areas, sources familiar with the matter said.

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PGM PRODUCERS: Forex woes cripple Mimosa

ZVISHAVANE-based platinum miner, Mimosa Mining Company (Mimosa) says the foreign currency retention threshold for miners is not ideal as the business requires more money to acquire imported raw materials.

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ESKOM: Loadshedding a last resort to avoid total blackout

  • Date: 10-11-19
  • Category: ESKOM
  • Source: Fin 24

Eskom said in a statement on Sunday morning that it wants to remind South Africans that loadshedding is a last resort to protect the power system from a total collapse or blackout.

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