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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina. In 2018, POSCO Holdings acquired a package of tenements from Galaxy Resources in the Salar de Hombre Muerto in Argentina in order to secure lithium preemptively.

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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

Green Car Congress

Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”.

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Nissan investing $600M in Argentina; domestic production of new pick-up

Green Car Congress

Nissan Motor will invest $600 million in Argentina and will become an Original Equipment Manufacturer (OEM) with the domestic production there of an all-new NP300 Frontier pick-up. With the expansion, Nissan is making Argentina a key component of its regional strategy eventually to position itself among the Top 3 brands in Latin America.

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BYD wins order for another 406 electric buses in Bogotá, Colombia

Green Car Congress

BYD entered the Colombian market in 2012 and made several milestone achievements: building the first pure electric taxi fleet in South America in 2013, entering the Bogotá BRT system in 2017. —Lara Zhang, Regional Director of BYD Latin America.

Colombia 407
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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

Established in 1997, Lake Resources currently develops four lithium brine projects in Argentina. In November 2018, Lake announced a maiden JORC resource at Kachi of 4.4 BlueOval SK, the joint venture between SK On and Ford Motor Company, is building three plants in the US —one in Tennessee and two others in Kentucky.

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Mercedes-Benz Vans shows pickup truck concepts; market launch in late 2017; diesel V6

Green Car Congress

Daimler AG will make investments in the high nine figures (euro) in the new model series by the time of the market launch. The key markets will be Argentina, Brazil, South Africa, Australia with New Zealand, and Europe. Mid-size pickups currently have the largest share of the total vehicle market in Australia with 14.1%.

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Daimler Buses acquires a 5.25% stake in IVU AG; strategic partnership for integrated mobility

Green Car Congress

Through the strategic partnership with Daimler Buses, we are building synergies for technological development and strengthening our international market presence. Electro mobility is changing particularly the conditions for all market participants. At Daimler Buses we're very pleased with the 2018 business year.

Argentina 186