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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

Supplies 259
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Brussels plant kicks off production for the new Audi Q8 e-tron

Green Car Congress

Around 160,000 units of Audi’s first electric model have been delivered since 2018. From 2025, production at all Audi plants will be carbon neutral as part of the company-wide environmental program Mission:Zero. The companies that supply the battery cells are obliged to use only renewable energy sources for production.

Audi 195
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COVID-19 Forced Us All to Experiment. What Have We Learned?

Cars That Think

Resources then move from the weaker to stronger entities, and average productivity increases. For example, when China entered world markets as a major exporter of industrial products, production from less productive firms in Mexico was reduced or ceased altogether, thus diverting resources to more productive uses.

Chad 98