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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 ). In 2019, Rio Tinto projected that cost overruns would take the capital requirement to between $6.5 billion and $7.2

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Rio Tinto and First Quantum Minerals partner to progress the La Granja copper project in Peru

Green Car Congress

Developing La Granja would also further strengthen Rio Tinto’s copper portfolio following the acquisition of Turquoise Hill Resources and commencement of underground mining at Oyu Tolgoi in Mongolia.

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Teco to begin producing E-Bus hub motors in April, May

Green Car Congress

Taiwan’s Teco Group will start producing the first batch of in-wheel (hub) electric motors in April or May, according. The hub motors will be installed in electric buses in Japan, with each vehicle using eight such propulsion devices. to the chairman C.K. who will soon unveil such product in partnerships with Chinese companies.

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SLOCAT preliminary analysis of impact of COVID-19 on regional mobility

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Its primary focus is on land transport including both motorized and non-motorized, passenger and freight transport. Mobility to public transport stations has reached pre-COVID-19 levels in Mongolia and Korea. The overall mobility trend in Asia shows that the mobility changes there happened less rapidly than in other regions.

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Saab Automobile enters agreement with Hawtai Motor Group on strategic partnership

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and Saab Automobile AB (Saab Automobile) have signed an agreement with Hawtai Motor Group Company Limited (Hawtai). Spyker Cars N.V. This agreement, which follows Spyker’s securing €59.1 Hawtai currently has an annual production capacity of 350,000 vehicles, 300,000 diesel engines and 450,000 automatic transmissions.

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

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The ES8 has an all-aluminum body and chassis, front and rear motors with electric all-wheel drive, and active air suspension. The vehicle has been tested in Yakeshi in Inner Mongolia, where temperatures can reach -22 degrees Fahrenheit as well as Melbourne and Mildura, Australia where temperatures can reach more than 104 degrees Fahrenheit.

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8 development banks commit to provide more than $175B to scale up support for sustainable transport

Green Car Congress

Rapid motorization is creating more congestion, air pollution, traffic accidents and greenhouse gas emissions—especially in developing countries. Developing countries have the opportunity to leapfrog to a greener future of less motorization, shorter commutes, and more energy efficient transport systems.