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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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AUTO SALES: China Raises 2025 Electrified-Car Sales Target to About 25%

  • Date: 03-12-19
  • Category: AUTO SALES
  • Source: Bloomberg

China raised its 2025 sales target for electrified cars as the government tries to spur an industry that’s showing signs of slowing down.

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EMISSIONS: VW accused of emissions cheating in UK's largest class action lawsuit

  • Date: 03-12-19
  • Category: EMISSIONS
  • Source: Europe Auto News

LONDON -- Volkswagen Group is facing one of the largest-ever UK class action lawsuits, with almost 100,000 vehicle owners accusing it of misleading them by installing emissions-cheating software that made it appear their diesel vehicles met environmental standards.

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