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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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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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Chile needs to finalize more lithium plan details to spur investment, miners say – ET Auto

Baua Electric

Companies must also grapple with a soft patch for lithium prices amid a slowdown in EV sales, which has changed the calculus for ensuring economically viable projects. Companies must also grapple with a soft patch for lithium prices amid a slowdown in EV sales, which has changed the calculus for ensuring economically viable projects.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2

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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. The Agile is targeted for emerging markets such as Brazil, Argentina, Paraguay and Uruguay (Mercosur). In 2008, it posted record annual sales (548,941 vehicles).

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Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

A deep dive into the last seven calendar-year and fiscal-year wholesales (see data tables below, along with the latest export sales data of leading OEMs for April 2024 and January-April 2024, reveals that things have started looking up on the two-wheeler export front. Let’s take a closer look at the top exporting companies.

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BYD to build new $1.2B battery factory in China

Teslarati

Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China. The Chinese automaker will also be entering the South American market, selling its EVs and PHEVs in countries like Argentina and Brazil. BYD has seen rapid growth in its automotive business over the past two years.

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