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As the transition to electric vehicles accelerates in several markets around the world, countries where the auto industry contributes significantly to their local economies need to accelerate their EV production to safeguard the future of their industries. An example of a country where the auto industry is a key pillar.
SouthAfrica is one of the largest markets for sales of brand new vehicles in Africa. Just over half a million new vehicles are sold in SouthAfrica each year. SouthAfrica is the biggest economy on the continent. However, what really makes a big difference is the countrys well.
GE South African Technologies (GESAT), GE Transportation’s entity in SouthAfrica, will supply 100 locomotives to Transnet Freight Rail (TFR). TFR is SouthAfrica’s state-owned rail freight logistics utility; Transnet Limited is its parent company. It feeds the port of Saldanha Bay, for export to a global market.
NMC/NCA scenario illustrates that the market share of NMC/NCA will increase to 100% by 2050. It’s mainly driven by the electric vehicle market penetration and battery technology development. c) Sensitivity of cumulative requirement under different battery scenarios.
Fayalite (Fe 2 SiO 4 ) with extraordinary high heavy REE (HREE) contents in ultramafic cumulates of the Vergenoeg F-Fe-REE deposit (SouthAfrica) provides the unique opportunity to study REE systematics in olivine. While some data for Mg-rich olivine exist, REE data for Fe-rich olivine are almost absent. —Prof. Resources.
The current Ranger is Europe’s pick-up segment leader and recently set a new September year-to-date sales record of 45,539 units, with market share of 39.9%. It is one of three turbodiesel engine options available at launch, depending upon the market. Specific market launch details will be announced in due course.
Swedish market pulp giant Södra launched the first pulp mill biomethanol plant at its Mönsterås mill, in collaboration with ANDRITZ, in 2020. Since then, Veolia has more than 450 installations worldwide for mills in Brazil, Indonesia, China, Japan, Australia, SouthAfrica and several European countries.
A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.
The automobile assembly and motor vehicle component manufacturing industry is a critical pillar of the South African economy. Before the Covid19 pandemic, SouthAfrica’s assembly plants produced 610,854 vehicles in 2018, all of which were internal combustion engine vehicles.
As COVID-19 continues to spread worldwide, the pandemic is having an unprecedented impact on the global economy and commodity markets, including cobalt. Roskill expects the cobalt market to face more severe supply disruption should the prevention and control measures be further extended on a global scale. Gulley, Erin A.
reach an agreement at ICAO for a global framework to reduce emissions from aircraft operations using technology development, efficient operations and infrastructure, and the use of international market-based measures to address any remaining emissions gap.
Growing competition from EVs in key markets cited as one of the reasons for sharp decline. Six years ago, I wrote an article on how SouthAfrica could miss out on the massive opportunities from the EV transition if the country did not act fast enough. Thats because the auto.
The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. —PwC.
Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.
Countries meeting in Durban, SouthAfrica, managed to deliver an agreement after an extension to negotiations. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012. as possible, but not later than 2015.
Volkswagen is taking a further step to develop market potentials in Africa. We will systematically continue to develop our position in the fast-growing African car market. ”. Volkswagen is consistently developing market potentials in Africa. initiative.
2,142 passenger plug-in hybrid vehicles were built in SouthAfrica from January to May this year. 1,740 plug-in hybrid vehicles were built from January to April, meaning that 402 passenger plug-in hybrid vehicles were built in the month of May.
Climate change presents major long-term risks to the global economy and to the assets in which we invest. This includes strong and sustained price signals on carbon, well-designed carbon markets and other appropriate incentives to enable private investment in clean energy. Adaptation measures to reduce unavoidable climate impacts.
While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7
The next generation of urban transportation is about connecting transportation modes, services, and technologies, bringing diverse innovations together in ways that favor accessibility (meeting needs) over mobility (moving for the sake of moving), and that work significantly better for people, economies, and the planet. Zielinski, S.
“ Governmental Energy Innovation Investments, Policies and Institutions in the Major Emerging Economies: Brazil, Russia, India, Mexico, China, and SouthAfrica. Click to enlarge. Kempener, Ruud, Laura D. Anadon, and Jose Condor.
An advanced trial of the prototype truck is being run at Anglo-American’s Mogalakwena platinum group metals mine in SouthAfrica. This is especially true for bulk products underpinning the Australian economy including minerals, agricultural products and fertilizers, industrials and general freight.
Electric vehicles represent a $7 trillion market opportunity between today and 2030, and $46 trillion between today and 2050, according to the new report, “ The Cost of Producing Battery Precursors in the DRC ”, launched at the DRC-Africa Business Forum 2021. —Ashish Sethia, global head of commodities at BNEF.
SouthAfrica-based Anglo American Platinum , the world’s leading primary producer of platinum group metals (PGMs), has invested in the first close of the Series A financing round of Hydrogenious Technologies, a company developing liquid organic hydrogen carrier (LOHC) hydrogen storage technology. Click to enlarge.
Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.
This development is a significant step towards the implementation of CO 2 hydrogenation technology in SouthAfrica. For decades, Sasol has been using its Fischer-Tropsch (FT) technology to convert low-grade coal and gas into synthetic fuels and chemicals.
Both arrived flogging EVs when the market had a strong appetite, rivals were few and the economy relatively strong. In 2025, EV growth has cooled just as the market is flooded. Traditional brands have caught up and newbies have landed, meaning there’s now 89 different electric models in our quite small car market.
SouthAfrica’s Rubicon Group enables transformative sustainable and industrial technologies across the energy and manufacturing sectors in Africa and other emerging markets.
By 2050, green hydrogen could be the cheapest production method for steel and capture 31% of the market. The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India. The steel industry cannot afford to wait for the 2040s to start its transition.
The smaller size enables better heat management and retention for improved fuel economy capability, while the simple single-pass exhaust flow design delivers low back pressure, meeting the needs of end-user customers. EcoFit SCR Systems reduce NO x emissions for a broad range of on-highway applications and enables enhanced fuel economy.
If applied across 17 million new vehicles sold annually in the US, the value of the precious metal cost reduction could reach $1 billion in that market alone. Further advancements in automotive fuel economy. Engine designs for fuel economy can result in reduced exhaust temperatures.
The other leading producers of critical minerals were Australia and SouthAfrica with three critical minerals each and Congo (Kinshasa) with two critical minerals. China was the leading producing nation for 30 of the 50 critical minerals (including 14 lanthanides).
But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible. Finally, clouding the entire picture are fluctuations in currency markets. Market Background Oil Opinion'
By: PTI | Updated on: 17 Sep 2024, 08:55 AM India has been the leading source for vehicle imports in SouthAfrica since 2013, driven by small vehicle demand. Tata and Mahindra have established a … India has been the leading source for vehicle imports in SouthAfrica since 2013, driven by small vehicle demand.
In 2019, we wrote an article raising the alarm that SouthAfrica’s inertia in incentivising the adoption of electric vehicles could make it miss out on the incredible opportunities presented by the electric vehicle revolution.
A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 billion) and SouthAfrica ($5.5 Investment in developing countries, at $131.3
Nègre has signed deals to bring its design to 12 more countries, including Germany, Israel and SouthAfrica. 37% Higher fuel economy. So far the possibilities are very limited although we may be able to report soon on some changes in the market for conversion of existing hybrids to plug-ins. 18% Alternative fuel hybrid.
“By investing in e-mobility and the charging infrastructure needed for electric vehicles, we are not only reducing our carbon footprint but also stimulating the local economy and creating new opportunities for growth,” said Gabriel Kgabo, General Manager in the Office of the Eskom Group Executive for Distribution.
We try to cover what is happening in all the key EV markets of the world, and we increasingly cover quite a lot of content focusing on the development of the African EV market. We are always on the lookout for any interesting developments. There is a lot of exciting stuff happening all over the […].
We get a lot of comments from our readers in the comments section stating that they love to see all the articles showcasing homegrown solutions across Africa, especially when it comes to electric vehicles and associated infrastructure developed with local insights for local conditions and market needs.
We then used results from a model of the global economy to allocate a portion of this global budget specifically to the U.S. The good news is that 2035 is the year suggested at the COP26 for all new car and vans in leading markets to be zero-emissions vehicles, and many manufacturers and governments have committed to it.
Telos Group offers tours of SouthAfrica, the U.S. South, and Ireland and Northern Ireland, with an eye to helping travelers engage in difficult social histories. In addition to offering new premium economy cabins , American is expected to unveil new business class seating later this year.
Our economic modeling suggests that an investment of a few extra billion per year today could develop technologies that could save the economy hundreds of billions of dollars per year by 2050 in scenarios where there are stringent policies limiting how much carbon can be emitted. —Policy Brief.
Many of these cities, relatively unknown outside of China, have populations well above one million people and will help lead the next wave of growth in the Chinese economy. Ford expects 70% of its growth in the next ten years to come from its Asia Pacific and Africa region.
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