Clean hydrogen, carbon capture and storage (CCS), zero-carbon transport and offshore wind are all key pillars of Boris Johnson’s Ten Point Plan to push the UK towards net-zero emissions. A key aspect of the plan is to “level up” all areas of the country. The UK wants to become a “world-leader” in CCS technology and… Continue reading World NM: UK unveils £12bn Ten Point Plan for net-zero transition000459
Author: World_Newz Mon
World NM: Chinese company to build battery factory in Germany000452
BERLIN, Nov. 17 (Xinhua) — China’s high-tech company SVOLT Energy Technology Co., Ltd announced on Tuesday that it will build its first battery cell factory in Europe in Germany. This is an “anchor investment in the future of the automotive industry in Saarland,” said Tobias Hans, minister president of the federal state where the SVOLT… Continue reading World NM: Chinese company to build battery factory in Germany000452
World NM: Nissan/Mitsubishi Motors: it’s not me, it’s you000435
…. Mitsubishi needs to spend heavily on research and is reliant on Nissan’s technology . Investors should urge Nissan to pull the plug on its low-powered affiliate. If you are a subscriber and would like to… Go to Source
World NM: Parent of BMW’s Chinese JV partner may undergo bankruptcy restructuring000431
Brilliance Automotive Holdings, the Chinese joint venture partner of BMW, said its parent Huachen Automotive Group may undergo restructuring after a creditor filed an application to a Chinese court, reported Reuters. Go to Source
World NM: Next-generation Honda Civic prototype teased, to be revealed on November 17000429
Honda is giving automotive enthusiasts the first glimpse with the world debut of the all-new 11th-generation Civic. A teaser image and video released to give viewers a glimpse of the all-new Honda Civic through a geometric looking glass. The Japanese carmaker decided to give a proper glimpse of the car in a few days and… Continue reading World NM: Next-generation Honda Civic prototype teased, to be revealed on November 17000429
World NM: GM recalls EVs equipped with LG Chem batteries000423
General Motors Co. said Saturday it has decided to recall electric vehicles equipped with batteries made by South Korean producer LG Chem Ltd. due to safety concerns. The recall covers the Bolt EV produced from 2017 to 2019, installed with LG Chem’s batteries made from Ochang, 120 kilometers south of Seoul. The company, meanwhile, advised… Continue reading World NM: GM recalls EVs equipped with LG Chem batteries000423
World NM: Indus Motor Company shuts plant for three days on parts shortage000413
A leading Japanese automaker has announced to stop production for three days due to non-availability of parts, while assemblers and vendors are opting for costly air shipments of parts and accessories due to huge delays caused by congestion at ports all over Asia. The country’s overall car production fell by 14.4 per cent to 39,175… Continue reading World NM: Indus Motor Company shuts plant for three days on parts shortage000413
World NM: VW could make EU CO2 targets by “a gram or so,” says CEO000370
German automotive giant Volkswagen will make the new EU carbon emissions limits within just “a gram or so” even if its low-emission vehicles sales are lower than expected due to the pandemic. The fines for missing emissions targets are high – €95 for every gram of CO2 per kilometre over the limit, multiplied by the number of… Continue reading World NM: VW could make EU CO2 targets by “a gram or so,” says CEO000370
World NM: Slovak car-plane developers look to cash in on changing views of flying cars000365
Since they began to roll off production lines, cars have often been touted as a symbol of personal freedom, allowing their drivers and passengers to travel when and where they want, unfettered by the constraints of rail or other forms of transport. And Slovakia has not one, but two companies leading the field in the… Continue reading World NM: Slovak car-plane developers look to cash in on changing views of flying cars000365
World NM: BMW’s Chinese Venture Partner Defaults on 1 Billion Yuan Bond000331
Brilliance Auto Group Holdings Co. Ltd., parent of BMW AG’s main Chinese joint-venture partner, failed to repay a 1 billion yuan ($149 million) bond that came due Friday. In 2003, Brilliance China Automotive Holdings Ltd., a Brilliance Auto subsidiary, established a joint venture with the German luxury automaker to make passenger cars with the BMW… Continue reading World NM: BMW’s Chinese Venture Partner Defaults on 1 Billion Yuan Bond000331