ELECTRIC CARS WON’T STOP PETROL DEMAND FOR THE NEXT 20 YEARS (PHOTOS)

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CCS Charger

The growing popularity of electric cars won’t hasten the arrival of peak petrol demand, and the majority of the world’s new cars will continue to be powered by petrol for at least the next two decades, according to data from Facts Global Energy.

The report is the work of Cuneyt Kazokoglu, head of oil demand at consultancy firm FGE, and suggests that despite the hype surrounding future electric vehicles, it would be incorrect to forecast a decline in oil demand – electric car numbers will still be dwarfed on the roads by petrol vehicles in the decades to come.

With the number of passenger vehicles on the roads globally expected to grow to 1.8 billion by 2040, the consultancy estimates 10 per cent of that figure will be accounted for by electric cars. That would still represent significant growth – less than 1 per cent of new cars sold globally in 2016 were electric – but not enough to kickstart a decline in demand for petroleum.

The report doesn’t identify how landmark legislation such as the Paris agreement will affect global uptake of electric vehicles, but it does highlight several hurdles EVs must overcome, and why car production and market trends point towards petrol remaining dominant for a few decades more.

Electric cars: the good, the bad and the ugly: Electric cars are nothing new – the first ones appeared in the mid 1800s.However, it’s only now that the motor industry is finally embracing EVs, and arguably it was the phenomenal success of Tesla that kick-started the switch from a reliance on internal combustion engines.According to a recent report by McKinsey & Co and Bloomberg New Energy Finance, electric cars could account for two-thirds of the vehicles on the roads of 50 major world cities by 2030.As EVs come down in price and battery technology develops (making so-called range anxiety a thing of the past), many would argue that zero emission electric cars are now a no-brainer.From the first Porsche to the BMW Vision Next 100 concept, we’ve been taking a look at some of the most memorable electric-powered cars ever…Electric cars: the good, the bad and the ugly

According to the analyst, we must look further than simply the falling cost of electric car batteries. Strong government incentives will remain significant and the “shift towards electric has to be supported” for some time yet. When incentives were dropped in Denmark in 2016, electric car sales plunged 80 per cent compared to the previous year.

Battery technology is improving and car manufacturers are beginning to offer EVs with fairly useful ranges, but the rate of development is not as fast as is necessary to trigger a significant shift in consumer attitudes and bring the cost of electric cars in line with petrol powered equivalents. Market assumptions hold that a battery pack must cost $150 per kWh in terms of capacity in order for mass production to make sense, but even at this price an electric car battery pack large enough to provide a petrol rivalling range will cost too much.

Battery density is an issue too and the report indicates that not enough is being done here. Larger battery cells for longer ranges can be counter productive as they add weight, and manufacturers need to pack more range into smaller battery packs. The rate of progress in this area is too slow, says the analyst.

Lastly, the report claims that the ultimate fate of petrol demand will be settled in the growing Asian market rather than in the west. FGE expects more growth in this region over the next 25 years than in the rest of the world combined. Should electric car sales represent a small market slice here, petrol demand is more likely to continue to grow, rather than plateau and begin to decline.

  • Auto Express

PHOTO: Electric cars: the good, the bad and the ugly

CAPE TOWN NAMED ONE OF THE BEST TOP TECH CITIES IN THE WORLD

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PHOTO: Cape Town ranked 22nd in the Tech Cities 2017 report.
Image by: Supplied


According to the Savills report‚ tech centres like Cape Town and Argentina’s Santiago‚ “are magnets for talent in their regions and have the potential to become global players”.

American city Austin earned the top tech city accolade after attaining the best combined score across five categories‚ including business environment‚ tech environment‚ city buzz and wellness‚ talent pool and property costs.

The report coincided with the release of a pitch deck outlining Cape Town’s tech ecosystem‚ created to “ensure Cape Town is recognised as a growing economic centre for tech start-ups and enabled businesses”.

The pitch deck was compiled by the City of Cape Town‚ its trade promotion agency Wesgro‚ Silicon Cape and the Cape Innovation Technology Initiative (CiTi).

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The infographic shows Cape Town has the fastest-growing economy in South Africa. Graph: Savills

The infographic states that Cape Town has the fastest-growing economy in South Africa‚ among the best internet networks in Africa and an average 12% growth in property values year-on-year.

More than half of all venture capital funds are also located in Cape Town and the city is home to 60% of all South African start-ups.

Wesgro CEO Tim Harris said Cape Town’s unparalleled infrastructure base‚ world-class universities and vibrant environment gave the region “a competitive edge and reach beyond other hubs on the continent”.

Harris also said that a number of missions had been undertaken to promote local start-ups and help them secure investment‚ partnerships and skills exchanges.

He said policies at local and provincial government levels had reduced red tape and in turn some start-up costs.

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CAR GOES UP IN FLAMES NEAR VLEI, TABLEVIEW, NO INJURIES RECORDED

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FILE PHOTO

TABLEVIEW, CAPET TOWN – Fire and rescue services personnel rushed to the Rietvlei Nature reserve recently to douse a car engulfed in flames.

On the Tableview Neighborhood Watch Facebook page last week, a resident stated that a female driver had attempted to make U-turn near the long grass areas inside the Vlei area near the Aquatic Club when her vehicle apparently got stuck.

“The grass was ignited and the vehicle was soon engulfed in flames.

Fortunately, she was not injured, but her vehicle was completely gutted,” the resident wrote last week. Leizel Moodie, spokeperson for the City of Cape Town’s Fire and Rescue services confirmed the incident and told Tyger-Burger that they had responded to a motor vehicle on fire just after 18:30 on Tuesday 8 March on Maine Drive, Tableview.

“On arrival it was reported that a motor vehicle and vegetation were burning near the Rietvlei Nature Reserve.

“The enter vehicle and its contents were damaged by the fire,” Moodie said.

Their response team consisted of one fire engine and one skid unit. Resources were dispatched from the Milnerton fire station.

“No injuries were reported, and the cause of the fire is undetermined at this stage” said Moodie.

Another resident wrote on the social media page that the driver had been way past gate in the reserve, which no civilian cars are supposed to pass.

“Lots of question to be answered,” he wrote.

Another concerned resident remarked: “Oh how awful for the person… Pleased that she was not injured. Pleased that the fire was contained, as it is extremely dry there and the entire vehicle could have gone up in flames.

 

Tyger-Burger

AFRICA’S RICHEST MAN OPENS A COAL MINE IN TANZANIA

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Photo: Debswana



Aliko Dangote is now a coal miner as Tanzania has offered his Dangote Cement Company in the southeastern town of Mtwara, land to mine coal for its operations.

Tanzania’s Ministry of Energy and Minerals at the weekend handed a 10-square-kilometre plot of land to the $500 million cement factory set up in 2015 by Aliko Dangote, Africa’s richest man.

The factory has an annual capacity of 3 million tonnes.

According to NAN and local media The Citizen, the coal concession was sanctioned by President John Magufuli to allow the company get a reliable supply of coal to fuel its activities.

Tanzania has banned the importation of coal from South Africa and Tancoal, the only one coal producing company in the country, cannot meet the entire market demand.

Dangote runs on expensive diesel generators and requested Tanzanian government support last year to supply natural gas at a reduced price.

President Magufuli later intervened after a meeting with Nigerian billionaire and the company’s owner Aliko Dangote over stalled negotiations on prices.

He blamed middlemen for the delay in supply plans and said Dangote “will now buy natural gas directly from the state-run TPDC (Tanzania Petroleum Development Corporation)”.

Dangote, Africa’s biggest cement producer, is seeking to double Tanzania’s annual output of cement to 6 million tonnes.

It plans to roll out plants across Africa.

VANGUARD

SA MAN BECOMES THE FIRST AFRICAN TO LAND TOP JOB WITH TOYOTA INTERNATIONAL

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Dr Johan van Zyl is being promoted from to Senior Managing Officer by Toyota Motor Corporation. File photo. Image by: FRANCOIS LENOIR / REUTERS



 

Dr Johan van Zyl‚ chairman of Toyota South Africa Motors and CEO of Toyota Motor Europe‚ is being promoted from Managing Officer to Senior Managing Officer by Toyota Motor Corporation (TMC)‚ the automotive manufacturer headquartered in Japan.

The appointment will be effective from April 2017.

He will become the first African to be appointed Senior Managing Officer by TMC‚ the company said in a statement on Friday.

Before entering the motoring industry‚ Van Zyl obtained a doctorate in commerce‚ and lectured at the University of Potchefstroom. He was awarded professorship and consulted to various businesses.

In 1993‚ he joined Toyota and was responsible for all sales activities as well as dealer network. A string of promotions followed. He was promoted into the position of President and Chief Executive Officer of Toyota South Africa Motors in 2002. In 2009‚ Dr van Zyl was appointed as Managing Officer of Toyota Motor Corporation in Japan and in 2013‚ he added Chief Executive Officer for Toyota in Africa to his responsibilities.

“His exceptional business acumen and knowledge of the industry have been strengthened over the years with travels to Japan‚ the United States and into Africa‚” the company said.

 

 

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