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Uruguay launches first BYD battery-electric buses; projecting 500 by 2015

Green Car Congress

in partnership with Chinese automaker BYD Ltd, introduced the first battery-electric 12-meter rapid transit bus in Uruguay and the region. The bus can be charged overnight, while the electricity pricing is lower. Buquebus and CTS Auto S.A.,

Uruguay 326
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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. This means that as well as adhering to the 99.5%

Carbon 225
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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.

Bolivia 52
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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

In addition, in the period to 2017 Roskill forecasts that the main market driver for lithium-ion batteries will gradually switch from portable consumer electronics to electric vehicles, especially hybrid variants. Production is dominated by Talison Lithium in Australia, SQM and Rockwood Lithium in Chile, and FMC in Argentina.

Market 296
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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. There is no doubt as to the push that Tesla has given the current automotive transition to electric vehicles (EVs). Electrical Grid Connections.

Price 150
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

In a world where electric vehicles and utility-scale batteries are taking over, it would be nice to not depend on a geopolitical rival for your most important raw material. The global lithium industry is so interwoven with Chinese capital now that it’s going to be impossible to unpick. Even in Canada, Chinese money has been crucial.

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Oversold Lithium could be about to rally

Green Car Congress

It’s important to remember that prior to the crash, lithium had enjoyed a meteoric rise with prices doubling since the beginning of 2016 and nearly quadrupling over the past decade. The company’s Salar de Olaroz project in Argentina took seven years to hit its stride but still came up short of production targets.

2018 278