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POLLUTION: Coronavirus Deaths Stir Calls in China to Clean Up Air Pollution

  • Date: 23-03-20
  • Category: POLLUTION
  • Source: Bloomberg

The virus that has killed more than 3,200 people in the country and threatens to wipe out $2.7 trillion from the global economy is raising questions about how decades of air pollution affected China’s ability to control the spread of Covid-19 and minimize the number of critical cases. As China’s economy begins to rebound, government officials and citizens are calling for an increased effort not only to improve the public health system that strained under the pandemic, but to clean up an environm

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AUTO SALES: China estimates new vehicle sales will drop just 10% this year

  • Date: 23-03-20
  • Category: AUTO SALES
  • Source: Auto News

SHANGHAI — The China Association of Automobile Manufacturers, citing widespread uncertainties brought on by the coronavirus outbreak, has declined to update its outlook for new-vehicle sales this year.

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ELECTRIC VEHICLES: Electric car emissions myth 'busted'

Fears that electric cars could actually increase carbon emissions are a damaging myth, new research shows.

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AUTO PRODUCTION: Panasonic suspends work at Tesla’s Nevada fab as carmaker’s California and New York gigafactories pause

Panasonic said it would send home around 3,500 Reno factory workers for two weeks from early this week – with pay and benefits – according to The Reno Gazette-Journal newspaper. The move affects the battery line. Tesla workers at the Reno site will continue to build power trains for the Model 3 car for the time being.

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LITHIUM: China's Tianqi postpones commissioning of Australia lithium plant amid liquidity problems

  • Date: 22-03-20
  • Category: LITHIUM
  • Source: Reuters

BEIJING, March 22 (Reuters) - Tianqi Lithium Corp , one of the world’s biggest lithium producers, said on Sunday it had postponed commissioning of the first phase of its flagship Australian processing plant due to rising liquidity problems after the coronavirus outbreak.

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PGM PROJECTS: Nornickel announces the withdrawal of Russian Platinum from the Arctic Palladium project

Moscow — PJSC MMC Norilsk Nickel the world’s largest of palladium and high-grade nickel and a major producer of platinum and copper, reports today that Russian Platinum has notified the Company of its decision to terminate the negotiations regarding Arctic Palladium JV and to proceed with the development of the Chernogorskoye Deposit and the southern part of the Norilsk-1 Deposit on its own. This decision owes to UC RUSAL, one of Nornickel’s shareholders, not issuing due corporate approvals to N

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AUTO PRODUCTION: Incentives and postponing CO2 goals will help industry out of virus crisis, lobby group boss says

TURIN -- New-car sales have plunged in Europe as the coronavirus wreaks havoc with demand and governments likely will have to offer big incentives to boost demand when normality resumes. The pandemic is also causing supply chain disruption that will likely affect European automaker's plans to roll out electrified models that they need to hit tough EU CO2 reduction targets.

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COVID-19: COVID-19 uncertainty: how long until a clearer view emerges?

  • Date: 19-03-20
  • Category: COVID-19
  • Source: LMC Auto

In a conversation with a colleague recently, he remarked that the violent stock market gyrations of recent days were probably worsened by the fact that there seems to be no clear reference point on which a plausible outlook can be based. How long will the lockdowns be needed? Which sectors will be impacted? How hard? It is therefore impossible for investors to know how to value anything. This sounds correct.

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