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AUTO SALES: Record demand for alternatively fuelled cars in November but overall UK market falls -1.3%

  • Date: 05-12-19
  • Category: AUTO SALES
  • Source: SMMT

The UK new car market fell -1.3% in November, with 156,621 models registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). This maintains the downward trend for new car registrations throughout 2019, as multiple factors, including weak business and consumer confidence, economic uncertainty and confusion over diesel and clean air zones, combined to affect demand.

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HYDROGEN: AFC Energy Launches Zero Emission H-PowerTM EV Charger System

  • Date: 05-12-19
  • Category: HYDROGEN
  • Source: Fleet Point

AFC Energy (AIM: AFC), the leading hydrogen power company, has today announced the launch of its zero emissions electric vehicle (EV) charger based on hydrogen fuel cell technology. The self-contained, zero emission charging system overcomes issues associated with poor grid coverage to provide rapid electric vehicle (EV) charging anywhere it is needed.

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BATTERIES: GM, LG Chem to announce EV battery joint venture in Ohio

  • Date: 05-12-19
  • Category: BATTERIES
  • Source: Reuters

SEOUL/WASHINGTON (Reuters) - General Motors (GM.N) and South Korea’s LG Chem (051910.KS) are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters.

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ELECTRIC VEHICLES: China’s automakers look to reverse sharp EV market decline

Since the government cut subsidies in June, China's new energy vehicle (NEV) market - comprising mainly electric and plug-in hybrid vehicles - has been in free-fall. After growing by almost 59% to 617,000 units in the first half of 2019, NEV sales in the country declined by over 27% to 326,000 units in the four months between July-October - according to data released by the China Association of Automobile Manufacturers (CAAM).

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MINING: The world's largest commodities trader is under investigation on bribery allegations

  • Date: 05-12-19
  • Category: MINING
  • Source: Markets Insider

The world's largest commodities trader is the focus of a bribery investigation. Glencore announced on Thursday that the UK's Serious Fraud Office had opened the investigation. The company said in the statement that it intended to cooperate, but a representative declined to provide any additional comment.

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BATTERIES: GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio

  • Date: 05-12-19
  • Category: BATTERIES
  • Source: Reuters

WARREN, Mich. (Reuters) - General Motors Co (GM.N) and South Korea’s LG Chem (051910.KS) said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities.

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BATTERIES: SK Innovation completes EV battery cell plant in China

  • Date: 05-12-19
  • Category: BATTERIES
  • Source: Korea Herald

SK Innovation Co., a major energy and chemical company in South Korea, said Thursday that it has built its first electric vehicle battery cell manufacturing plant in China in the latest move to tap deeper into the world's largest EV market.

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JEWELLERY: Tiffany profit falls short on weak demand in Americas, Hong Kong

  • Date: 05-12-19
  • Category: JEWELLERY
  • Source: Reuters

(Reuters) - Luxury jeweler Tiffany & Co (TIF.N), which is being bought by Louis Vuitton owner LVMH (LVMH.PA), missed market expectations for quarterly profit and sales on Thursday, hit by lower spending by foreign tourists in the United States and Hong Kong.

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