article thumbnail

Vancouver-based Ceylon Graphite granted industrial mining licence for M1 mining project in Sri Lanka

Green Car Congress

Although during the 2010s Sri Lanka has one of the fastest growing economies in Asia, it has tumbled into the worst economic crisis since independence in 1948, with spiraling inflation, and shortages of food, fuel and medicine. K1 is Ceylon Graphite’s first exploration project and operates under the Sarcon Development legal umbrella.

Sri Lanka 417
article thumbnail

GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

court filings or court-supervised process, and these filings have no direct legal impact on GM’s plans and operations outside the US. GM confirmed that all business operations are continuing without interruption in its Europe; Latin America, Africa and the Middle East; and Asia Pacific regions. GM Europe Restructuring. Earlier post.)

GM 150
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. More mainstream models will come from Kia, Mahindra, Škoda, and Volkswagen. The result is a marketplace that is more competitive with better products.

2014 346
article thumbnail

Volkswagen again reaffirms 20 new PEV models coming across the Group; MEB development

Green Car Congress

Digitalization and the field of mobility services in particular offer high earnings potential, said Müller, adding that the Group will soon form a legally independent, Group-wide company to promote business in the mobility services of the future with the necessary speed, entrepreneurial focus and the required agility. billion in total.

2015 150
article thumbnail

AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. million in 2006.

article thumbnail

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
article thumbnail

Urban transport | Two wheels good | The Economist

Tony Karrer Delicious EVdriven

Some 800,000 are also sold each year in South East Asia, he says, where they replace the noisy and smelly petrol scooters that are ubiquitous in many places. Our mission is to prepare students for top careers in finance. Advertising info Legal disclaimer Accessibility Privacy policy Terms & Conditions Help.