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POSCO Holdings begins construction of $830M lithium plant in Argentina

Green Car Congress

Korea-based POSCO Holdings recently started construction of a lithium commercialization plant in Argentina. POSCO Group is the first to produce lithium hydroxide for batteries in Argentina throughout the entire process from the acquisition of mining rights to exploration, construction and operation of a production plant.

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Westport Acquires OMVL of Italy and 100% of Juniper Engines for 19M; Launching a Light-Duty Automotive Strategy for Alternative Fuel Engines

Green Car Congress

Juniper will grow the business through new OEM relationships and continued strong aftermarket sales, leveraging OMVL’s capabilities and assembly facilities in Italy and Argentina that today supply Europe, Asia and the Americas. In 2009, Juniper Engines introduced its new 2.0-liter liter and 2.4-liter liter alternative fuel engines.

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GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology

Green Car Congress

GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. Earlier post.) his single bottleneck (a massive lithium shortage) is the biggest challenge to scaling EV production.

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

According to DNV GL, the main drivers for the use of alternative fuels in shipping in the future can be classified in two broad categories: (a) Regulatory requirements and environmental concerns, and (b) availability of fossil fuels, cost and energy security.

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China’s new energy buses are re-exported to Europe

Setec Powerr

He Yipeng, general manager of the commercial vehicle business center of BYD Europe Co., The skins used in the rear and side walls of the vehicle adopt a block-replaceable structure to reduce maintenance costs. The safe and comfortable bus is provided by BYD, and its power source is also very environmentally friendly.”.

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