article thumbnail

COP26 declaration on accelerating the transition to 100% zero emission cars and vans

Green Car Congress

All governments should also support the transition of these light vehicles to zero emission vehicles; Kenya; Secretariat of Economy, Mexico; Morocco; Paraguay; Rwanda; Turkey; Uruguay. Unilever; Vattenfall; Zenith; Zurich.

article thumbnail

Nissan Forecasts US$2.9B Loss for Fiscal Year; Cuts Planned Production by 20%

Green Car Congress

Joint manufacturing projects with Alliance partner Renault in Morocco and India will be revised. In Morocco, Nissan will suspend its participation in the industrial project near Tangiers. In Chennai, India, the joint plant will proceed with a reduced ramp-up speed. Bonus payments to the board of directors will be eliminated for FY2008.

Nissan 150
article thumbnail

BMW Group signs €540M supply contract with Ganfeng for lithium from mines in Australia

Green Car Congress

Sustainability is an important aspect of our corporate strategy and plays a central role in expanding electromobility. Cobalt will be sourced directly from mines in Australia and Morocco in the future. For the BMW Group’s purchasing experts, ethically responsible raw material extraction and processing begins at the mines themselves.

BMW 170
article thumbnail

Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

However, Stellantis is also trying to shift EV assembly to places like Morocco due to their lower-than-average labor costs. Investors, in particular European ones, are becoming increasingly sensitive to social aspects of corporates [sic],” Charles Pinel, CEO of Proxinvest, told Bloomberg in a recent interview.

Legal 113
article thumbnail

Peugeot sees robust orders, rolls out EV subscriptions in Europe

Baua Electric

marketplace and targets to accumulation rising in South The usa and alternative international locations, together with South Africa, Malaysia, Thailand and Morocco. On the similar date, the corporate plans to include a temporarily evolving all set of design choices to attraction to patrons’ tastes and desires.

Europe 52
article thumbnail

Travel 2025: ‘Friend-Finding Tours,’ Private Islands and a Mixed Bag of Prices

Baua Electric

Carnival Corporation is also investing in a pier extension to develop a private beach in the Celebration Key area on Grand Bahama, which is set to open in July. Royal Caribbean is developing an all-inclusive private beach club in Nassau, the Bahamas, one of its most visited port stops, scheduled to open in December. The demand is growing.

Price 52
article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

With a functioning AfCFTA, the DRC can receive other upstream mineral inputs needed for lithium-ion batteries—such as manganese from, say, South Africa and Madagascar, copper from Zambia, graphite from Mozambique and Tanzania, phosphate from Morocco, and lithium from Zimbabwe, to name but a few.

Africa 221