Gupta to make 20,000 Aussie electric cars

Original article by Simon Evans
The Australian Financial Review – Page: 14 & 18 : 30-Apr-19

British billionaire Sanjeev Gupta has indicated that GFG Alliance will announce further details of its plans to build electric cars in Australia within weeks. Gupta says the company aims to build between 10,000 and 20,000 electric cars in Australia, adding that he is of the view that the nation should be a manufacturer of such vehicles rather than just importing them. He also says the price of electric cars is likely to fall over time as more consumers embrace the technology.

CORPORATES
GFG ALLIANCE, GORDON MURRAY DESIGN, ARRIUM LIMITED, ARCELOR MITTAL SA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Miners place big bets on copper to cash in on electric car boom

Original article by Nick Evans
The Australian – Page: 17 & 28 : 16-Apr-19

Morgan Stanley has forecast that over 10 million electric vehicles will be sold each year by 2025, up from 600,000 in 2015. The rise in demand for electric cars has been tipped to lead to a corresponding increase in demand for copper, with electric vehicles needing around four times as much copper as an average-sized petrol-driven car. Rio Tinto is making copper a key focus of its future plans, having forecast a copper shortfall of eight million tonnes by 2020.

CORPORATES
MORGAN STANLEY AUSTRALIA LIMITED, RIO TINTO LIMITED – ASX RIO, BHP GROUP LIMITED – ASX BHP, OZ MINERALS LIMITED – ASX OZL, WESFARMERS LIMITED – ASX WES, AUSTRALIAN LABOR PARTY

Hybrid and fully electric vehicles now considered as serious alternatives to petrol

Original article by Roy Morgan
Market Research Update – Page: Online : 17-Dec-18

A Roy Morgan Single Source survey shows that 52.2% of Australian drivers would now seriously consider buying a hybrid vehicle, compared with 48.8% a year ago. Interest in buying a fully electric vehicle has increased from 31.6% to 36.2% over the last 12 months. The overall consideration for electric based vehicles (hybrid or fully electric) is now 56.1%, an increase from 52.4% last year and well ahead of the nearest alternative, diesel on 45.5%. Diesel and LPG had been seen as the main alternatives to petrol up to 2015, but both have shown a declining trend over the last three years. Meanwhile, an estimated 77.5% of vehicles currently run on petrol, but this is likely to decline as only 63.7% of drivers say that their next vehicle is most likely have a petrol engine. These are some of the latest results from Roy Morgan’s ‘Automotive Currency Report’, which is based on in-depth personal interviews conducted face-to-face with over 50,000 Australians per annum in their own home, including over 37,000 drivers aged+18.

CORPORATES
ROY MORGAN LIMITED

Kidman powers up with Tesla lithium deal

Original article by Paul Garvey
The Australian – Page: 19 & 30 : 18-May-18

Kidman Resources has advised that it has secured electric car maker Tesla as a foundation client for its proposed lithium hydroxide processing plant in Western Australia. Growing interest in electric cars has created strong demand for commodities like lithium and cobalt that are used in their batteries. Kidman has indicated that its initial deal with Tesla will run for three years, with the option for two three-year extensions.

CORPORATES
KIDMAN RESOURCES LIMITED – ASX KDR, TESLA INCORPORATED, SOCIEDAD QUIMICA Y MINERA SA, PILBARA MINERALS LIMITED – ASX PLS, GREAT WALL AUTOMOBILE HOLDINGS, BMW AG, VOLKSWAGEN AG, MERCEDES-BENZ AG

Linfox driven to be first adopter of electric truck technology

Original article by Jenny Wiggins
The Australian Financial Review – Page: 15 : 30-Jan-18

Linfox chairman Peter Fox says the trucking company is keen to investigate the use of electric trucks, particularly for its Armaguard business. Tesla has revealed plans for an electric truck that could run at maximum weight for 500 miles before needing to be recharged. Fox says there would need to be a lot more charging stations available before Linfox could consider using electric trucks, while he does not think that governments should subsidise the use of electric vehicles.

CORPORATES
LINFOX PTY LTD, TESLA INCORPORATED, AUSTRALIAN BUREAU OF STATISTICS, TOLL HOLDINGS LIMITED, AUSTRALIA. DEPT OF INFRASTRUCTURE AND REGIONAL DEVELOPMENT, AUSTRALIAN TRUCKING ASSOCIATION LIMITED, AUSTRALIAN LOGISTICS COUNCIL

Electric car sales boost

Original article by Ben Potter
The Australian Financial Review – Page: 9 : 6-Sep-17

Electric cars accounted for just 1,200 of the more than one million new cars that were sold in Australia in 2016, The Clean Energy Finance Corporation and Macquarie Leasing are hoping to boost interest in electric cars via a $A100 million leasing program. It is hoped that their partnership will reduce transport’s 93 million tonnes of carbon dioxide emissions by 200,000 tonnes.

CORPORATES
AUSTRALIA. CLEAN ENERGY FINANCE CORPORATION, MACQUARIE LEASING PTY LTD, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, ATLASSIAN CORPORATION PLC, AUSTRALIAN RENEWABLE ENERGY AGENCY

Future lies with autonomous cars: Ghosn

Original article by Andrew Whire
The Australian – Page: 17 & 20 : 6-Jun-17

Nissan Renault Alliance chairman Carlos Ghosn has rejected suggestions that growth in demand for autonomous and driverless cars will decimate the car industry. It has been claimed that such cars will lead to a significant drop in car ownership as people switch to ride-sharing. However, Ghosn does believe that autonomous cars will comprise a majority of all cars on the road by the end of 2022. He does not forsee much in the way of increased demand for electric cars in Australia without the introduction of government subsidies.

CORPORATES
NISSAN MOTOR COMPANY LIMITED, RENAULT SA, MITSUBISHI MOTORS CORPORATION, VOLKSWAGEN AG, GENERAL MOTORS CORPORATION

Tesla more valuable than GM or Ford – and the majority of Australians are on-board

Original article by Roy Morgan Research
Market Research Update – Page: Online : 10-Apr-17

A special Roy Morgan Snap SMS Poll has found that 63% of Australians would pay more for a "Zero Emissions" car like Tesla, including 100% of 18-24yr olds and 72% of 25-34yr olds. The results were consistent around Australia, with significant majorities in all states – both regionally (62%) and in capital cities (62%), and both genders – women (65%) and men (61%) saying they were willing to pay more for a "Zero Emissions" car. The poll was conducted on 17 March 2017) in conjunction with the Roy Morgan State of the Nation Report 27 – Focus on Australia’s Automotive Industry.

CORPORATES
ROY MORGAN RESEARCH LIMITED, TESLA INCORPORATED, FORD MOTOR COMPANY, GENERAL MOTORS CORPORATION

Dakota chief tips Tesla’s end within 10 years

Original article by Tess Ingram
The Australian Financial Review – Page: 19 : 8-Sep-16

Dakota Minerals has bought a tenement package in Portugal in anticipation of a rise in demand for lithium in Europe. David Frances, the CEO of the Australian-listed lithium explorer, expects strong demand for lithium from European manufacturers of electric cars. In contrast, Frances is sceptical about the popularity of electric cars in the US, where buyers are likely to show limited interest in such cars.

CORPORATES
DAKOTA MINERALS LIMITED – ASX DKO, TESLA MOTORS INCORPORATED, MERCEDES-BENZ AG, VOLKSWAGEN AG, BENCHMARK MINERAL INTELLIGENCE

Tesla set for Australian debut

Original article by Matthew Smith
The Australian Financial Review – Page: 7 : 24-Oct-14

Tesla Motors will sell its electric cars directly to Australian consumers, rather than through car dealerships. The direct-selling model is used in the US, and spokesman Heath Walker is confident that this strategy will not meet with the opposition it has attracted in some US states. Tesla is also hoping to lease space in Scentre Group’s shopping centres to display its vehicles. The Tesla Model S will be priced from $A90,000 in Australia

CORPORATES
TESLA MOTORS INCORPORATED, SCENTRE GROUP – ASX SCG, INTERNODE SYSTEMS PTY LTD, IINET LIMITED – ASX IIN, NASDAQ, PAYPAL INCORPORATED, GOOGLE INCORPORATED, BLOOMBERG LP