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SOUTH AFRICA: Court dismisses Amcu move against layoffs

  • Date: 23-01-20
  • Category: SOUTH AFRICA
  • Source: Business Live

The Constitutional Court has dismissed an application by the Association of Mineworkers and Construction Union (Amcu) for leave to appeal against a lower court’s judgment on retrenchments at Royal Bafokeng platinum mine five years ago.

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SOUTH AFRICA: Eskom, South Africa Treasury Seek Renewal of $1 Billion Loan Facility

Eskom Holdings SOC Ltd. and South Africa’s National Treasury are in talks with banks to renew a 15 billion rand ($1.04 billion) government-guaranteed loan facility that the indebted state power utility announced in February last year.

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AUTO SALES: As EV sales tumble, Beijing mulls extending subsidies

  • Date: 23-01-20
  • Category: AUTO SALES
  • Source: Auto News

SHANGHAI -- China’s ministry of finance in September reaffirmed the agency’s schedule to phase out subsidies for electrified vehicles at the end of 2020.

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CHINA: Industry regulator: Market needs 2 years to recover

  • Date: 23-01-20
  • Category: CHINA
  • Source: Automotive News

It will probably take two years for new-vehicle sales in China to resume growth with the economy still facing downward pressures, a top official with China’s auto industry regulator predicts.

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BATTERIES: 42 Global Organizations Agree on Guiding Principles for Batteries to Power Sustainable Energy Transition

  • Date: 23-01-20
  • Category: BATTERIES
  • Source: World Economic Forum

23 January, Davos, Switzerland – Batteries will be a major driver in reducing the carbon footprint of the transport and power sectors through the use of electric vehicles and renewable energy. To help companies and governments, the Global Battery Alliance designed 10 guiding principles for the creation of a sustainable battery chain by 2030.

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AUTO SALES: As EV sales tumble, Beijing mulls extending subsidies

  • Date: 23-01-20
  • Category: AUTO SALES
  • Source: Auto News

SHANGHAI -- China’s ministry of finance in September reaffirmed the agency’s schedule to phase out subsidies for electrified vehicles at the end of 2020.

View full story

AUTO SALES: China market needs 2 years to recover

  • Date: 23-01-20
  • Category: AUTO SALES
  • Source: Auto News

It will probably take two years for new-vehicle sales in China to resume growth with the economy still facing downward pressures, a top official with China’s auto industry regulator predicts.

View full story

BATTERIES: 42 Global Organizations Agree on Guiding Principles for Batteries to Power Sustainable Energy Transition

  • Date: 23-01-20
  • Category: BATTERIES
  • Source: Weforum

23 January, Davos, Switzerland – Batteries will be a major driver in reducing the carbon footprint of the transport and power sectors through the use of electric vehicles and renewable energy. To help companies and governments, the Global Battery Alliance designed 10 guiding principles for the creation of a sustainable battery chain by 2030.

View full story