article thumbnail

Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. and a CDN$23-million equity offering lead by Sprott Capital Partners LP.

Namibia 284
article thumbnail

BYD executive says Tesla is a ‘partner’ in electrification

Teslarati

An executive from Chinese automaker BYD has called Tesla a “partner” in electrifying the transportation sector, noting the U.S. company’s role in helping popularize and educate the public about electric vehicles (EVs). You can read the full Yahoo Finance Q&A with BYD Executive VP Stella Li here.

BYD 112
article thumbnail

IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power. —IEA Executive Director Fatih Birol.

Russia 458
article thumbnail

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

China 416
article thumbnail

Zimbabwe lithium miners table refinery plans under govt pressure – ET Auto

Baua Electric

Zimbabwe, Africa’s top producer of lithium, which is used in electric vehicle batteries and to store renewable energy, is prodding miners to refine the mineral locally as it hopes to boost its economy. He declined to name the firms which have submitted plans, but added that government has yet to consider the proposals.

article thumbnail

BYD has no plans to launch EVs in the US, says the market is too confusing for buyers

Baua Electric

According to BYD executive vice president and CEO of BYD Americas, Stella Li, the Chinese automaker has no plans to sell passenger EVs in the US. Li sat down for an interview with Yahoo Finance Anchor Akiki Fujita to discuss the global EV market. She added: If you are not investing for electric car, you are out. You will die.

BYD 52
article thumbnail

Ford CEO doubles down on affordable EVs after BYD, China’s EV bet is paying off

Baua Electric

According to Farley, Ford’s next wave of electric cars will be “competitive with the best in the business.” After China’s strategic “bet on EVs” has “paid off so far,” Farley said in an interview with Yahoo Finance , Ford looks to replicate some of the success on US soil. Can Ford keep up with BYD or other Chinese EV makers?