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1. Nineteen leaders from the world's largest economies (including South Africa) and an EU representative will meet today in Argentina as part of the Group of 20 summit The markets are nervous: US President Donald Trump meets his Chinese counterpart Xi Jinping and a deterioration of relations could harm global trade. Trump has already canceled a meeting with Russian President Vladimir Putin after Russia seized Ukrainian ships and sailors in neutral waters between their countries.
2. The Fed's indication that US rates will not be raised much further, continues to strengthen the rand. The last price was R $ 13.65 / $ – it is even lower than R10 against the Australian dollar.
3. Former President Jacob Zuma has resorted to five private agencies and private investigators abroad to "get dirty" after criticizing Zuma in 2016, said Johann Rupert at the shareholders' meeting of Remgro, held yesterday. Business Day reports that Presidents Richemont and Remgro were shocked by the revelations of the Zondo commission of inquiry into capture by the state.
4. Intu, British owner of a shopping center, listed on the JSE and a big favorite of local investors, lost a third of its value yesterday. A proposal to take control of the group collapsed.
5. Elsewhere in the real estate sector, Nepi Rockcastle – who crashed earlier this week after short-selling Viceroy accused him of "mbadively overestimating" his profits – has regained lost ground. Nepi Rockcastle fought back and called on the South African financial authority to investigate Viceroy.
The new Audi electric sedan
Report by Mark Matousek
Audi unveiled its e-tron GT electric sedan concept on Wednesday at the Los Angeles Auto Show. The automaker announced that it would begin delivering the production version of the vehicle in early 2021.
The e-tron GT concept uses a battery of more than 90 kWh with a range of more than 248 km. The concept also includes two engines, four seats, 590 horsepower and an acceleration capability of 0 to 100 km / h in about 3.5 seconds. Using an 800 volt charger, the e-tron GT concept can charge 80% of its capacity in about 20 minutes.
Read more: 32 electric cars you'll see on the road here 2025
Audi has not announced pricing for the production version of the GT e-tron concept, but it will likely compete with the Tesla Model S sedan. The S model has a maximum range of 540 km and a maximum speed of 0 to 100 km / ph of 2.5 seconds.
The e-tron GT concept follows Audi's e-tron electric SUV, which the automaker will begin delivering to US customers from the second quarter of 2019. The e-tron will have seating for five, two engines and an all-wheel drive. configuration in its standard version, according to Audi. The automaker has announced a range of about 400 km, based on the European test cycle, although it has not yet been tested by the US Environmental Protection Agency.
In addition, according to Audi, the e-tron will reach a top speed of 200 km / h, a time of 0 to 100 km / h of 5.5 seconds and a battery of 95 kWh that can recharge to 80% in About 30 minutes. using some fast DC chargers.
Here's an overview of the Audi GT e-tron concept.
The e-tron GT concept uses a battery of more than 90 kWh with a range of over 400 km.
The concept also includes two engines, four seats, 590 horsepower and an acceleration capability of 0 to 100 km / h in about 3.5 seconds.
Using an 800 volt charger, the e-tron GT concept can charge 80% of its capacity in about 20 minutes.
Audi has not announced pricing for the production version of the GT e-tron concept, but it will likely compete with the Tesla Model S sedan.
Audi
Audi says it's going to start delivering the production version of the vehicle in early 2021.
Audi
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