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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Electric Vehicles

14 Results / Page 1 of 2

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Business / Economics

13 November 2024 Morning Biz News: Key Business Developments

    In this edition of Biz News, we bring you a round-up of some key business developments from across the region and globally, with a focus on growth, innovation, and sustainability. Nictus Holdings Expands with Walvis Bay Acquisition Nictus Holdings Group of Companies has recently announced a significant acquisition: the Build IT branch in Walvis Bay. This move marks a key milestone in the company’s expansion strategy, reinforcing its […]

todayNovember 13, 2024 8

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Africa

DRC is the world’s largest producer of cobalt – how control by local elites can shape the global battery industry

  By Raphael Deberdt, Colorado School of Mines and Jessica DiCarlo, University of Utah   The mineral-rich Democratic Republic of the Congo (DRC) is often portrayed as a victim of exploitation by China, the US and Europe in their competition for its minerals, which are critical for the energy transition. But our research has found that the DRC can influence the shape of the cobalt market, in which it is […]

todaySeptember 5, 2024 12

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Africa

Nigerian tycoon taps Zimbabwe for lithium as Africa pushes local development of its mining sector

          By Seth Onyango, bird tsory agency     Nigerian industrialist Benedict Peters’ Bravura Holdings will start production at a Zimbabwean lithium project in 2025, boosting Africa's drive to retain more profits from the global lithium boom, according to mining.com. African Intelligence reported in March that the Nigerian billionaire had acquired an exploration license in the key mining area of Kamativi. Peters' foray into lithium mining […]

todayJune 5, 2024 24

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Business / Economics

By not mining vital minerals, NZ is ‘offshoring its own environmental footprint’ – is that fair?

Getty Images     By Martin Brook, University of Auckland, Waipapa Taumata Rau     When Resources Minister Shane Jones recently unveiled his draft strategy for mineral mining, it was quickly criticised by the Labour opposition as “taking New Zealand backwards”. One environmental group even called it a “love letter to mining companies”. But the government’s ambition to double the sector’s export value to NZ$2 billion by 2035, with flow-on effects […]

todayJune 5, 2024 20

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Business / Economics

Electric cars pile up at European ports as Chinese firms struggle to find buyers

    By Tom Stacey, Anglia Ruskin University   China’s automotive industry has revolutionised over the past decade, from producing basic western clones to making cars that equal the world’s best. As the manufacturing powerhouse of the world, China is also producing them in huge volumes. However, Chinese cars are facing difficulties in finding buyers in Europe. Imported cars, many of which are Chinese electric vehicles, are piling up at […]

todayApril 30, 2024 20

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Business / Economics

International Energy Agency expects half of all cars sold globally to be electric by 2035

Global electric vehicle sales are set to rise by more than a fifth to reach 17 million this year, powered by drivers in China. In a report Tuesday, the International Energy Agency projected that “increased demand” for EVs over the next decade was set “to remake the global auto industry and significantly reduce oil consumption for road transport.” According to CNN, it expects half of all cars sold globally to […]

todayApril 24, 2024 4

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Africa

bird TenX: African countries with the highest number of EVs

      By Bonface Orucho, bird story agency   Despite recent headwinds, a growing shift from gasoline-powered vehicles to electric vehicles continues apace in Africa. Last year, the global sale of fully electric and plug-in hybrid vehicles rose by 31% compared to 2022, according to a 2024 report by market research firm Rho Motion. Despite the high cost of conversion and a lack of adequate enabling infrastructure such as […]

todayApril 16, 2024 55

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Africa

New e-mobility policies are pushing EV fleet expansions in Africa

  By Bonface Orucho, bird story agency   African countries are welcoming a new era of more robust e-mobility policies as countries seek to scale their electric vehicle (EV) fleets after successful tests and pilots. According to Lusanda Madikizela, the head of Zero Emission Transport at C40 Cities in South Africa, better policies provide confidence for investors, manufacturers and operators. “Manufacturers need policy certainty so they can adjust specifications... financiers […]

todayApril 16, 2024 68

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Business / Economics

World oil demand grows amid Red Sea shipping disruptions: IEA

      Global oil demand is forecast to grow more than expected due to a brighter US economic outlook and rising fuel needs of ships rerouted away from the Red Sea, the International Energy Agency said Thursday. Commercial ships have been taking longer and costlier journeys around the southern tip of Africa to avoid attacks by Yemen's Huthi rebels in the Red Sea, a vital international trade route. The […]

todayMarch 14, 2024 14

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