Assets and “Know-How” From Joule Project Being Used At NMMU
The assets and “know-how” from the electric car Joule project have been used by the Technology Innovation Agency (TIA) to set up a product development and texting platform at NMMU “to support local component manufacturing,” Science and Technology Minister Naledi Pandor has told the National Assembly.
Replying to a written question, the Minister said that her department and its agencies, the TIA and Innovation Fund had invested a total of R128 million towards research, development and pre-commercialisation requirements of the Joule.
An additional R119 million had been invested by the Industrial Development Corporation (IDC) in pre-commercialisation activities for the electronic car that was to have been constructed in the East London Industrial Development Zone (ELIDZ).
Pandor explained that to take the project to commercialisation “major capital investments and government policy interventions were required”.
She said that the government agencies responsible for the commercialisation and industrialisation actions for the Joule had decided, after review and evaluation, not to proceed to commercialisation, adding that this decision had been based on a number of factors, including TIA’s and IDC’s unsuccessful attempts to raise capital investment of R10 billion.
Other factors, Pandor said, were the failure to attract a strategic equity partner for the initiative and the “low adoption rate of electric vehicles globally”.
She said her department had contributed to Trade and Industry’s development of the electric car roadmap, which sought to develop the country’s technical capabilities and also provided different investment incentives for the electric vehicle industry
Pandor said the tangible assets of the project, the Joule prototypes and battery testing infrastructure, were part of the uYilo Mobility programme, which focuses on electro-mobility technology research at NMMU, together with relevant experts. - MetroMinutes.
Photo courtesy of www.funpit.com
NELSON Mandela Metropolitan University Architecture...
Nelson Mandela Metropolitan University (NMMU) fashion design student Armand Dicker is one of only 12 student contestants chosen nationally to showcase their work at the Mercedes-Benz Fashion Week Johannesburg (MBFWJ) from 3 to 7 March.
A number of objections have been submitted to an application by Nelson Mandela Metropolitan University (NMMU) for a rezoning that will pave the way for a taxi rank.
ALL roads will lead to Nelson Mandela Metropolitan University (NMMU) on Saturday 24 January when close to 6000 students and their families attend the official Welcoming Ceremony and Faculty Meet and Greet sessions. The event, which will be staged at various venues at the university’s North, South, Second Avenue and George campuses, precedes the two-week orientation for all first-year students and gives students and parents an opportunity to view facilities and meet NMMU staff.
Professors Andrew Leitch, former Executive Dean of Science, and Denise Zinn, former Executive Dean of Education, have been appointed as Deputy Vice-Chancellors at Nelson Mandela Metropolitan University...
Some 400 qualifications – including 10 doctorates – will be awarded at Nelson Mandela Metropolitan University’s (NMMU) first summer graduation ceremony on 9 December...
The Nelson Mandela Metropolitan University (NMMU) has issued a call for expressions of interest for the design, development and operation of a Student Lifestyle Centre at its Second Avenue, Summerstrand Campus.
SAARTJIE Baartman, Dora Nginza, Molly Blackburn – these are just some of the women whose names are synonymous with changing times in the Eastern Cape.
Finance MEC Sakhumzi Somyo has made additional funding available for the department of Health and as well as Economic Development, Environmental Affairs and Tourism and taken a slice off the Education Budget.
The South African International Maritime Institute (SAIMI) was launched in Nelson Mandela Bay last night, a joint initiative between the SA Maritime Safety Authority (SAMSA) and the Nelson Mandela Bay Metropolitan University (NMMU).
- Police intercept drugs worth R1.5 million destined for Eastern Cape, two men and woman arrested
- Police investigating after PE doctor robbed at gunpoint at his surgery
- Three men expected in court for Uitenhage house robbery
- NMMU Vice-Chancellor’s Scholarship award recipients ready to do proud
- Eight suspects expected in Port Elizabeth courts for various crimes