article thumbnail

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. Potential opportunities for collaboration in electric vehicle (EV) and battery material supply chains.

Supplies 259
article thumbnail

BMW Group to source lithium from Livent

Green Car Congress

Livent will supply the lithium directly to the BMW Group’s battery cell manufacturers from 2022 on. The BMW Group already signed a contract for the procurement of lithium from hard-rock deposits at Australian mines back in 2019. View of the salt lake Salar del Hombre Muerto in northern Argentina.

BMW 273
article thumbnail

Nuseed, bp partner to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

Green Car Congress

The agreement is for an initial 10-year term and will see Nuseed continue to develop and expand its existing network of growers, channel and supply chain partners to deliver Carinata oil to bp or its affiliates, with key steps of crop production independently audited and certified. million barrels a year in 2022.

Carbon 170
article thumbnail

Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

Green Car Congress

between 2012 and 2019, reaching 3.2 million vehicles sold in 2019, according to a new forecast by Pike Research. million LD NGVs on the road by 2019. Although Pakistan also has a large fleet of NGVs, its market has been volatile as the government looks to reduce strains on the country’s NG supplies, according to the report.

2019 311
article thumbnail

Oversold Lithium could be about to rally

Green Car Congress

It’s back with a vengeance in 2019. Investing in the commodity market can be a roller-coaster ride; what with the incessant boom-and-bust cycles driven by the ebb and flow in infrastructural spending, production ramps/cutbacks and stockpiling/destocking supplies. by Alex Kimani for Oilprice.com. And, they might be spot on.

2018 278
article thumbnail

Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014. Demand growth to date has seen the lithium price more than doubled in the past few years.

Toyota 207
article thumbnail

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256