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RECYCLING: India scrappage policy: No direct sops for junking old cars

  • Date: 03-12-19
  • Category: RECYCLING
  • Source: Economic Times

NEW DELHI: The government is unlikely to offer any direct incentives for junking old vehicles but will empower states and automakers to provide sops against scrapping certificates.

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AUTO PRODUCTION: Carmakers Shed 80,000 Jobs as Electric Shift Upends Industry

It’s turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler AG and Audi announcing almost 20,000 job cuts in just the past week.

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AUTO SALES: India Light Vehicle Sales Update November 2019

  • Date: 03-12-19
  • Category: AUTO SALES
  • Source: LMC Automotive

India’s Light Vehicle (LV) wholesales in October spiked to 336k units (-2% YoY), from an average of 288k in the previous nine months. This was due, in part, to automakers stocking up for the festival season.

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BATTERIES: Battery Pack Prices Fall As Market Ramps Up With Market Average At $156/kWh In 2019

  • Date: 03-12-19
  • Category: BATTERIES
  • Source: BloombergNEF

Shanghai and London, December 3, 2019 – Battery prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 87% in real terms to $156/kWh in 2019. By 2023, average prices will be close to $100/kWh, according to the latest forecast from research company BloombergNEF (BNEF).

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DIESEL: Why India's diesel demand is contracting, and what it means

  • Date: 03-12-19
  • Category: DIESEL
  • Source: Reuters

MUMBAI (Reuters) - India’s demand for diesel is slowing as the country’s car fleet shifts predominantly to gasoline, trucks get more efficient and solar pumps displace diesel-fed units across the countryside.

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FUEL CELLS: Rolls Royce and Mercedes launch fuel cell venture

  • Date: 03-12-19
  • Category: FUEL CELLS
  • Source: The Engineer

Rolls-Royce Power Systems, a German subsidiary of the gas turbine, aerospace and nuclear giant, is collaborating with Lab1886, an innovation laboratory that is part of Mercedes-Benz, to develop and deploy hydrogen fuel cells for stationary power generation. The units, to be sold under the brand name MTU, are aimed specifically at providing continuous and emergency power for safety-critical applications such as data centres.

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EMISSIONS: IVECO, FPT Industrial and NIKOLA launch their partnership to achieve Zero-Emissions transport

  • Date: 03-12-19
  • Category: EMISSIONS
  • Source: CNH Industrial

IVECO and FPT Industrial, brands of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) and NIKOLA today presented the scope and plans of their joint venture and collaboration agreement established to accelerate industry transformation towards emission neutrality of Class 8 heavy-duty trucks in North America and Europe through the adoption of fuel-cell technology.

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PGM PROJECTS: 'Enormous Mineral Potential' Seen in Montana Mine Site

  • Date: 03-12-19
  • Category: PGM PROJECTS
  • Source: Streetwise Reports

Assays are pending for holes drilled this season at Iron Mountain and Camp Zone, two of Group Ten Metals Inc.'s (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) most advanced targets at the Stillwater West platinum group element (PGE)-copper-nickel project in south-central Montana. I initiated coverage on Group Ten in the Oct. 9, 2017, newsletter and recently went on a site visit to the company's 54-square-kilometer Stillwater West property. The visit reinforced the enormous mineral potential and gave me a gl

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