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GM to invest $450M in Argentina

Green Car Congress

Akerson was joined by Argentina President Cristina Fernández de Kirchner; GM South America President Jaime Ardila; and GM Argentina President Isela Costantini. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011. —Isela Costantini.

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Cargill to Invest $112M in Co-generation and Soy Biodiesel Plants in Argentina

Green Car Congress

Cargill will invest a total of US$112 million in an 18 MW co-generation plant and a soybean biodiesel production plant with a processing capacity of 240,000 tons per year in Argentina.

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BYD the recommended company for Argentinian tender for 50 electric buses

Green Car Congress

BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment. BYD begun the promotion of its technologies in Argentina in 2011 through its local subsidiary, especially those related to electric vehicles and public transport.

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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. —Galaxy Managing Director Iggy Tan.

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Chevrolet sets first-half global sales record with 2.35M units; 14% growth

Green Car Congress

million vehicles globally in the first six months of 2011, the best half-year performance in Chevrolet’s 100-year history. Chevrolet sold 286,499 more vehicles in the first half of 2011 than the same time period of 2010, a 14% increase year over year. Chevrolet sold 2.35 Click to enlarge.

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Eaton signs long-term agreement with Argentine bus manufacturer TATSA to design and supply hybrid systems

Green Car Congress

with a hybrid electric power system for use in buses in Argentina and throughout South America. The alliance will produce six preproduction units initially, followed by a production plan to manufacture 20 additional units in 2011. The company is also planning to set up another plant in Fort Valley, GA in 2011.

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BASF Breaks Ground for New Biodiesel Catalyst Plant in Brazil to Meet Demand in South America

Green Car Congress

The plant will have a capacity of 60,000 metric tons per year and is primarily intended to supply the regional market. Argentina has also mandated that biodiesel makes up 5 percent of fuel by 2010. The plant is expected to be operational from the end of 2011 onwards. Other South American countries have similar legislation.