article thumbnail

Iran announces first lithium reserve in country; projected 8.5 million tonnes

Green Car Congress

Iran’s Ministry of Industries, Mining and Trade recently announced that the country has discovered its first lithium reserve, in Qahavand in Hamedan province. million tons of lithium; if realized, this would rank Iran behind Chile (11 millions tons) and ahead of Australia (7.9 The reserve is believed to hold 8.4

Iran 334
article thumbnail

Groupe Renault forms JV in Iran

Green Car Congress

Groupe Renault, IDRO and PARTO NEGIN NASEH Co (NEGIN Holding) are forming a new joint venture company in Iran to boost Renault's presence in the country and step up the brand’s growth. In addition to the vehicle plant announced in September 2016, an engine plant is also planned with a capacity of 150,000 units a year.

Iran 150
article thumbnail

PSA Peugeot Citroën to create a joint venture in Iran with Iran Khodro

Green Car Congress

PSA Peugeot Citroën, which has operated in Iran for more than 30 years, and Iran Khodro signed a joint venture agreement to produce latest-generation vehicles in Iran. The agreement provides for: The restoration of contractual relations concerning the manufacture of Peugeot-branded vehicles currently produced in Iran.

Iran 150
article thumbnail

Iran-Khodro to introduce cars equipped with its own new diesel engine this year

Green Car Congress

Fars News Agency reports that automaker Iran-Khodro Company (IKCO) will begin introducing cars equipped with its self-developed diesel engine by 2013. According to the report, IKCO’s strategy is to increase the production of diesel engines to 100,000 units by 2016, or 10% of the company’s total production. Fuel consumption is 5.5

Iran 186
article thumbnail

Pike Research forecasts global NGV sales to hit 3.2M units annually by 2016

Green Car Congress

million units annually by 2016. million vehicles by 2016. Natural gas refueling station development is not expected to achieve the same growth rate, but will reach nearly 26,000 stations worldwide by 2016. CAGR between 2010 and 2016). CAGR between 2010 and 2016). million vehicles per year in 2010 to more than 3.2

2016 218
article thumbnail

WNA: global nuclear generation nears record high in 2019

Green Car Congress

GWe started supplying electricity, compared to an average annual objective for 2016-2020 of 10 GWe. Construction started on five reactors in 2019, two in China and one each in Iran, Russia and the UK. Six reactors, with a combined capacity of 5.2 Median construction time for reactors starting up in 2019 was 117 months.

2019 468
article thumbnail

What Does The Next OPEC Meeting Have In Store?

Green Car Congress

The next OPEC meeting on the 2nd of June will act as little more than a forum for continued altercations between Saudi Arabia and Iran. OPEC interactions have become a direct altercation between Saudi Arabia and Iran, with the remaining members reduced to mere observers. There will always be a need for additional production.