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Rio Tinto confirms $6.75B development capital for Oyu Tolgoi underground; production by Oct 2022

Green Car Congress

Rio Tinto unveiled a pathway for the ongoing development of the underground project at Oyu Tolgoi in Mongolia, one of the largest known copper and gold deposits in the world ( earlier post ). These studies will also consider options and associated costs to recover the copper contained within the pillars added to the mine design of Panel 0.

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NIO unveils production electric SUV for China market; NIO ES8 to launch end of this year

Green Car Congress

China-based electric vehicle startup NIO unveiled the NIO ES8, an electric SUV planned for serial production for the China market later this year. The ES8 has an all-aluminum body and chassis, front and rear motors with electric all-wheel drive, and active air suspension. NIO intends to equip the ES8 with a swappable battery pack.

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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

Green Car Congress

and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). We expect that Saab’s unique brand values based on its aviation heritage, Scandinavian origins and innovation-driven character will do very well in the Chinese market. Spyker Cars N.V.