Listen to the audio version of the article 2 ‘of reading In a surprising move, to say the least, China has decided to completely remove all previously required restrictions on foreign ownership of the auto industry. The decision, which will come into effect from 1 January 2022, was announced through a document released in recent… Continue reading Auto in China, from 1 January 2022 the restrictions for foreign homes have been lifted
Tag: Electric vehicles
Volvo XC40
4×4 electric cars, 15 zero-emission models also suitable for the mountains Car December 29, 2021 Developed in collaboration with the Chinese company Geely, the compact SUV is the first Volvo model built on the basis of the Cma (Compact Modular Architecture) modular architecture used for all 40 Series cars. In terms of technology, the XC40… Continue reading Volvo XC40
German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414
The world stock exchanges are dominated by US technology groups more than ever. Eight of the ten most valuable companies in the world will be from the end of 2021 USA. The smartphone and software giant Apple scratches with a market value of 2.96 trillion dollars (as of December 27th) as the first group ever… Continue reading German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414
Shell stations in Indonesia use ABB Terra 54 chargers
Oil giant Shell is installing EV chargers at its gas stations around the world. Three Shell stations in the Indonesian cities of Pluit, Antasari and Jagorawi will soon offer public charging using ABB’s Terra 54 DC fast chargers. Customers can charge free for 30 minutes if they buy a pastry and a cup of coffee.… Continue reading Shell stations in Indonesia use ABB Terra 54 chargers
Philippines lifts ban on new open-pit mines
The move sees the Philippine government reverse a ban imposed in 2017, when the then-environment minister blamed the sector for widespread ecological damage. Manila: The Philippines has lifted a four-year ban on new open-pit mines, an official said Wednesday, in a bid to revitalise the country’s coronavirus-battered economy slammed by activists as “short-sighted”. The move… Continue reading Philippines lifts ban on new open-pit mines
Miners Anglo, Vale in talks to jointly develop Serpentina iron ore mine
Vale’s disclosure on Tuesday came after a Bloomberg News report last week said the Brazilian miner was considering acquiring either a minority or majority stake in Minas-Rio, citing people familiar with the preliminary discussions. RIO DE JANEIRO: Anglo American confirmed on Wednesday preliminary discussions with Vale SA to potentially jointly develop the Brazilian miner’s Serpentina… Continue reading Miners Anglo, Vale in talks to jointly develop Serpentina iron ore mine
2021 was the year clean energy finally faced its mining problem
This year, the clean energy sector finally started grappling in earnest with one of its biggest challenges: how to get enough minerals to build solar panels, wind turbines, and big batteries for electric vehicles and energy storage. Figuring that out will be critical for escaping fossil-fueled ecological disaster. It’ll also be crucial for policymakers and… Continue reading 2021 was the year clean energy finally faced its mining problem
Northvolt rolls out Europe’s first ‘gigafactory-era’ car battery
Northvolt rolls out Europe’s first ‘gigafactory-era’ car battery Swedish plant ramps up lithium ion cell production in race to profit from Europe’s growing electric car demand The Northvolt Ett site in Skellefteå, Sweden. Photograph: Northvolt/Reuters The Northvolt Ett site in Skellefteå, Sweden. Photograph: Northvolt/Reuters Electric cars have gone mainstream in Europe – they accounted for… Continue reading Northvolt rolls out Europe’s first ‘gigafactory-era’ car battery
Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan
Tesla’s TSLA CEO Elon Musk yesterday offloaded another $1.02 billion of his holdings in the company. This brings him close to his stated goal of reducing his stake in the electric vehicle (EV) maker by 10%. Per a filing with the U.S. Securities & Exchange Commission, the billionaire exercised an option yesterday to buy 1.6… Continue reading Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan
Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X
Tesla TSLA has kicked off the holiday season with a bang. The automaker recently started the rollout of its 2021 Holiday Update, which includes the Software Version 11.0 upgrade as well as something for non-Tesla owners. Unfortunately, not all Tesla cars have received this latest Holiday Update, with the legacy Model S and X vehicles… Continue reading Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X