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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. KORES said that Korean Li-ion manufacturers SK Innovation and LG Chem are also likely to participate in the project.

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ICCT: ongoing cost reductions in full- and mild-hybrid systems could bring them into consumer mainstream by 2025

Green Car Congress

annual cost reductions plus implementation of higher-power Li-ion batteries that should reduce future battery costs by at least $500. Thus, currently the hybrid system needs to offer a major improvement in fuel economy to entice customers to pay the price premium. kWh Li-ion pack. Instead of 1.0 kWh, German says.

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