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

Green Car Congress

Canada-based Northern Graphite Corporation has closed its previously announced acquisition of the producing Lac des Iles graphite mine (LDI) in Québec from a subsidiary of Imerys SA and the Okanjande graphite deposit/Okorusu processing plant in Namibia from a subsidiary of Imerys and its joint venture partner. Sprott invested CDN$3.75

Namibia 284
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Volkswagen Group and Chinese manufacturer Ganfeng sign memorandum of understanding for long-term lithium supplies

Green Car Congress

—Michael Bäcker, Head of Corporate Purchasing e-Mobility at Volkswagen Aktiengesellschaft. GFL is the world’s leading lithium compounds and metal manufacturer and dually listed on Chinese A share in 2010 and Hong Kong H share in 2018.

Supplies 268
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Dana showcasing electrified technologies at Auto Shanghai

Green Car Congress

These e-axles are planned for launch in 2018. Chinese auto buyers purchased almost half of all the plug-in electric vehicles sold in the world last year, and Chinese officials have set ambitious goals for the further adoption of hybrid- and electric-powered vehicles in the decades ahead.

Auto 150
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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

—Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. The BMW Group will also source cells manufactured in Europe from the Chinese manufacturer CATL from the plant currently under construction in Erfurt, Germany. —Andreas Wendt.

BMW 239
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Die some other year: Hengchi 5 resumed manufacturing within the Tianjin plant

Baua Electric

Credit score: Sohu Hengchi is an electrical logo beneath Evergrande Crew – Chinese language 2nd greatest actual property developer. But even so Hengchi, Evergrande Auto additionally owns Nationwide Electrical Car Sweden (NEVS), the corporate that owns a number of Saab property and evolved an electrical model of the Saab 9-3.

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62% year-over-year growth in 2016 , 60% in 2017, and likely 100% in 2018. A previously defunct mine, Quebec Lithium, has recently seen interest from a Chinese operator. New Entrants: Where It Gets Really Interesting.

Price 150
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How do Chinese language EV makers roll out unutilized merchandise so temporarily?

Baua Electric

Certainly one of our readers despatched me an e-mail asking how it’s imaginable that some 2-year-old Chinese language firms have already got 3 unutilized EVs at the street (Zeekr) or {that a} unutilized maker can create 7 unutilized fashions and seven facelifts in 5 years (Nio). All are in keeping with Geely’s SEA platform.

Chinese 40