Remove Argentina Remove Battery Remove Global Remove Sale
article thumbnail

Stellantis makes $155M investment in McEwen Copper Argentina project

Green Car Congress

Stellantis announced a $155-million investment in a copper project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. Los Azules is an advanced-stage porphyry copper exploration project in the San Juan pro-mining province of Argentina. The company is acquiring a 14.2%

Argentina 307
article thumbnail

Ford builds 150,000th Mustang Mach-E; on sale in 37 countries

Green Car Congress

Starting in fall 2022, Premium models built with the Extended Range battery offer a targeted EPA-estimated range of 290 miles on all-wheel drive models, up 13 miles. New Zealand, Brazil and Argentina are among the latest markets added to the Mustang Mach-E stable.

Ford 448
article thumbnail

JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. million units in March 2020, down by 39% from March 2019. million units.

Europe 261
article thumbnail

GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

Green Car Congress

Data and analytics company GlobalData forecasts that the demand for lithium needed for the production of lithium-ion batteries for use in EVs will more than double from 26.7kt in 2018 to 58.3kt in 2022. According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% In 2017, 1.1 million by 2022.

Global 284
article thumbnail

Study calls for reduction in car ownership, battery size and vehicle dependency to limit environmental impact of surging lithium demand

Green Car Congress

The report says that reordering the US transportation system through policy and spending shifts to prioritize public and active transit while reducing car dependency can also ensure transit equity, protect ecosystems, respect Indigenous rights, and meet the demands of global justice. Riofrancos et al.

Batteries 397
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. By sourcing lithium from a second supplier, we are securing requirements for production of our current fifth generation of battery cells. View of the salt lake Salar del Hombre Muerto in northern Argentina.

BMW 273
article thumbnail

BYD to build new $1.2B battery factory in China

Teslarati

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China. BYD has seen rapid growth in its automotive business over the past two years.

BYD 115