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Rio Tinto offers $2.7B cash to buy Turquoise Hill stake in Oyu Tolgoi copper mine

Green Car Congress

The proposal follows the comprehensive agreement reached in January between Rio Tinto, Turquoise Hill and the Government of Mongolia to move the Oyu Tolgoi (OT) project forward ( earlier post ), reset the relationship between the partners and approve commencement of underground operations. billion in cash. Rio Tinto currently owns 50.8%

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Giga Carbon Neutrality secures contract for 200 hydrogen and battery EV trucks and machinery in China

Green Car Congress

Giga Carbon Neutrality (GCN) has secured a contract to supply 200 hydrogen and battery EV powered heavy trucks and associated engineering machinery from The People’s Government of Ejin Horo Banner, an administrative division of Ordos City of the Inner Mongolia Autonomous Region in China.

Hydrogen 221
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Benchmark: battery supply chain hit by Chinese energy cuts

Green Car Congress

Hunan and Inner Mongolia are among the most affected areas of the battery supply chain, with the former a production hub for cathodes and the latter a hub for synthetic graphite anode processing.

Supplies 186
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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 manufacturing and supply chain that will produce the ES8 is already in place, the company said. The NIO ES8 is a full-size 7-seat electric SUV with a 2-3-2 seating arrangement.

San Jose 150
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Hexa Research forecasts $10.96B global rare earth elements market by 2020

Green Car Congress

will drive global market growth, resulting in a global rare earth elements market reaching $10.96 Phosphor is essential to manufacture of consumer electronic components such as LCD screens and CRT displays. Permanent magnets grabbed highest market share in 2013 followed by catalysts and metallurgy. billion in 2020.

2020 150
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China Yuchai enters into joint venture to expand heavy-duty diesel and gas engine production in China

Green Car Congress

Bei Ben), and Inner Mongolia First Machinery Group Co., Yiji Group), to form a new joint venture company to be located in Baotou, Inner Mongolia. The annual production capacity of the JV Company is estimated to reach 100,000 units, subject to the prevailing market conditions. Ltd to produce the YC6K diesel engine.

China 186
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Lotus Emeya completes rigorous three year testing program ahead of deliveries this year [Video]

Baua Electric

The consumer market is on the cusp of deliveries of the Lotus Emeya – the hypercar manufacturer’s first four-door model ever. The Geely-owned sports car manufacturer has vowed to go all-electric and intends to utilize a $1.2 Other markets should see the Hyper-GT later this year.