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Ford, Rio Tinto sign MOU for battery and low-carbon materials supply to support net-zero future

Green Car Congress

Ford Motor Company and Rio Tinto have signed a non-binding global memorandum of understanding (MOU) jointly to develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles. It has potential to produce battery-grade lithium carbonate with one of the lowest carbon footprints in the industry.

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

Green Car Congress

Nuseed and BP Products North America Inc., Nuseed Carinata is a non-food cover crop that can be used to produce low-carbon biofuel feedstock that is independently certified, sustainable and scalable. bp expects to initially target low-carbon biofuel markets in Europe and North America.

Carbon 170
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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

As Ford creates a new EV supply chain that upholds its commitments to sustainability and human rights, the company continues to plan for more than half its global production to be EVs by 2030 and achieving carbon neutrality globally no later than 2050. 150,000 F-150 Lightnings for North America.

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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

Under the agreement, GM will make a $650-million equity investment in Lithium Americas, which represents the largest-yet investment by an automaker to produce battery raw materials. Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year.

America 259
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

Market 296
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Ford will use module-less LFP batteries from CATL

Push EVs

Moreover, the carmaker plans to localize and use 40 GWh of LFP capacity in North America starting in 2026. Ford plans to reach a 600,000 global EV run rate by late 2023 with the following EVs: 270,000 Mustang Mach-Es for North America, Europe and China. 150,000 F-150 Lightnings for North America.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

Driven by the rise of battery gigafactories and game-changing Powerwall and energy storage businesses, the world now finds itself at the beginning of a lithium super cycle that is all about securing new supply, much of which is poised to come from lithium superstar Argentina. This means that the new market is all about new players.

Argentina 150