Ev revolution coming Faster than we think27 Oct 2019 20:40
Honda has announced plans to stop producing gasoline-only cars by 2022.
The carmaker said it will "electrify" all of its models sold in Europe within the next three years - which includes making many models hybrid.
Hybrid vehicles carry a traditional internal combustion engine as well as a battery pack.
The Japanese company has brought forward its original plan to move away from petrol-only and diesel-only vehicles by three years from its previously announced target of 2025.
Speaking from Amsterdam to Sky News' Ian King Live, the company's senior vice president for Europe, Tom Gardner, said the decision will considerably change the line-up of cars it offers.
He said: "Honda is the world's largest engine manufacturer, and from what we have announced today we are committing to ending all mainstream non-electrified petrol and diesel production for Europe by the end of 2022."
According to pv-magazine.com a article dated 14th October on ganfeng, showed that ganfeng declared a profit warning to Hong Kong Stock Exchange stating that there profits would be down 55-65% from previously stated month (September) Sorry could not paste link , you need to search it ,on pv- magazine.com Could explain the reasons for sellers selling bacanora shares
As I recall , we had a option to buy the other 50% from solar world for zinwald in August 2019 for £ ? Millions , unfortunately solar world went bankrupt & secker has agreed a 6 month extension with the administrators to February 2020 , think nothing will happen till then , till we own 100 % of zinwald, which we would hopefully get at a cheaper price from the administrators & put us in a better position to re list zinwald as a separate listing
Your talking total drivel majid645 Let what’s happening flow , he will deal with our Chinese friends , secker is waiting till February to buy other 50 % from administrators for zinwald & no doubt ganfeng will be part off that as well
Nothing will happen with zinwald till February2020 , because we have negotiated a 6 month extension with the administrators of solarworld ( who went bust )who owned the other 50% off zinwald , to buy there 50% , to become 100% owners of zinwald , that’s how I see it
Hurdle 1 , ganfeng sign off this week & become our strongest partner in sonara project , look forward to cost savings on plant build in months to come
Hurdle 2 Bcn buy other 50% from (solar world administrators ) agreement extended to February 2020 to own 100% off zinwald
Hurdle 3 March 2020 zinwald spin out , bacanora will keep 30% 0ff zinwald shares & use rest of money to complete sonara to fully finance project build
Hurdle 4 Move from AIM in April 2020
Hurdle 5 18 month build of sonara with help off ganfeng , who will fast track this project, with all there commitments to Tesla & co to produce 100,000 tons of lithium per annum, Sonora production to start end of 2021
That’s how I see it , why panic roger65 this will be your best pension pot yet , that’s if you sit & wait like the rest of us
It does wolfi page 4 Strategic partnerships • Cornerstone investment and off-take by leading producer Ganfeng Lithium at corporate and Sonora project level • Offtake agreement and equity partnership with Japanese trading group Hanwa for initial 10 years of Stage 1 production • $150 million debt finance facility from RK Finance available in 3 tranches subject to CPs