Green Car Congress

MARCH 7, 2014

has signed a letter of intent to become the exclusive licensee of Gevo’s GIFT technology in Argentina to produce renewable isobutanol. Porta is a 132-year-old family-owned company in Argentina that produces liquor, vinegars and has a 120 m 3 /day corn ethanol plant. Porta Hnos S.A. —Fernando Porta, Vice President of Porta.

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Argentina Renewable 2014 Commercial 199

Green Car Congress

AUGUST 26, 2022

Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. million tons of identified lithium resources, ranking the country 10 th in the world behind Bolivia, Argentina, Chile, the US, Australia, China, Congo, Canada and Germany. According to the USGS, Mexico has 1.7

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Mexico Companies Bolivia Congo 284

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

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Argentina Oil Oil Prices Chevron 150

Green Car Congress

APRIL 1, 2015

Argentina, once a regional energy leader, is now better known for financial busts and bombastic politicians than hydrocarbons prospects. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

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Argentina Oil Oil Prices Environment 150

Green Car Congress

APRIL 8, 2015

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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Argentina Nissan Production Brazil 150

Green Car Congress

DECEMBER 1, 2022

Ford has produced its 150,000 th Mustang Mach-E electric vehicle since starting production nearly two years ago, a significant milestone as the company scales EV production to a rate of 600,000 annually by late 2023 and more than 2 million annually by 2026.

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Ford New Zealand Building Argentina 448

Green Car Congress

APRIL 21, 2022

Bolivian micro-mobility and clean energy startup MOBI has partnered with American direct lithium extraction company Energy Exploration Technologies Inc. Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. EnergyX) ( earlier post ).

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Bolivia Supplies Chile Argentina 320

Green Car Congress

FEBRUARY 20, 2023

A number of foreign companies are interested in developing lithium deposits in Mexico; in September 2022, the finance ministry valued the lithium deposit in Sonora state as worth as much as 12 trillion Mexican pesos (US$653 billion, currently). World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

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Mexico Bolivia Chile Argentina 543

Green Car Congress

DECEMBER 22, 2021

Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project in Argentina from Rincon Mining , a company owned by funds managed by the private equity group Sentient Equity Partners, for $825 million. The project is a long-life, scaleable resource capable of producing battery-grade lithium carbonate.

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Argentina South America Carbon Low Cost 259

Green Car Congress

SEPTEMBER 13, 2018

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% million by 2022.

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Global Electric Vehicles Chile Market 284

Green Car Congress

JANUARY 12, 2017

BYD has been officially selected as the recommended company by the evaluation committee in Argentina for the purchase of 50 electric buses on behalf of the Ministry of Environment. In November 2011, the company signed its first MOU with the Ministry of Industry and the Secretary of Transport.

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BYD Argentina Companies Los Angeles 150

Green Car Congress

MAY 12, 2023

Australia-based Allkem and US-based Livent announced a definitive agreement to combine in an all-stock merger of equals valuing the combined company at US$10.6 The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina.

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Argentina Energy Storage Low Cost Australia 284

Baua Electric

JANUARY 15, 2024

Argentina is part of the “Lithium Triangle” along with Chile and Bolivia with more than half of the world’s total lithium resources and having the distinction of having 2nd largest lithium resources. The signing took place in Catamarca, Argentina, in the presence of Catamarca’s Governor Lic. Raul Jalil, Vice Governor Eng.

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India Argentina Bolivia Auto 52

Green Car Congress

MAY 23, 2020

lithium carbonate product from its industrial-scale pilot plant operations at the Rincon Lithium Project in Salta Province, Argentina. his significant achievement of our first product shipment from operations at Rincon is another key development milestone for the Company, and confirms the marketability of our high quality >99.5%

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Carbon Argentina Mitsubishi Nevada 259

Green Car Congress

MARCH 31, 2021

Now, the company is broadening its supplier base and additionally sourcing lithium from Argentina, where the raw material is obtained from brine from salt lakes. The company will also contribute important data to the study of sustainable lithium mining initiated by the BMW Group.

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BMW Argentina Alaska Massachusetts 273

Green Car Congress

MARCH 29, 2022

Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australia’s Foreign Investment Review Board (FIRB). We will be working with local communities, the Province of Salta and the Government of Argentina as we develop this project to the highest ESG standards.

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Argentina Water Carbon Low Cost 195

Green Car Congress

NOVEMBER 6, 2022

The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Ultra Lithium has now issued a statement noting that the company has been advised that Zangge Mining Investment (Chengdu) Co. Earlier post.)

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Chinese Power Powered Chile 321

Green Car Congress

JULY 9, 2022

The two companies also shared the medium-to-long-term expansion plans for SK On’s secondary battery production, and discussed how POSCO Group will increase the supply of raw materials to its partner. POSCO Holdings broke ground for a lithium production plant in Argentina in March. Establishment of networks to collect used batteries.

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South Korea Li-ion Argentina Taiwan 347

Green Car Congress

OCTOBER 25, 2016

Daimler AG will make investments in the high nine figures (euro) in the new model series by the time of the market launch. The key markets will be Argentina, Brazil, South Africa, Australia with New Zealand, and Europe. Mid-size pickups currently have the largest share of the total vehicle market in Australia with 14.1%.

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Mercedes South Africa 2017 Market 150

Green Car Congress

SEPTEMBER 30, 2022

SK On ranked ninth in terms of global EV battery market share in 2019, but has shot up to fifth this year. The company, which supplies batteries to automakers including Ford, Hyundai and Volkswagen, currently operates seven factories in the United States, Hungary, China and South Korea and is currently in construction of seven more plants.

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Supplies Global South Korea Batteries 259

Green Car Congress

AUGUST 20, 2018

High growth in demand for lithium batteries is spurring three-fold growth in mine production of lithium over the next four years, with 86kt of new lithium metal capacity coming on stream, according to data and analytics company GlobalData. Identified lithium resources in Argentina are 9.8 million tons.

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Chile Argentina Global Mali 240

Green Car Congress

NOVEMBER 25, 2018

The lithium market continues to grow; in 2015, the market grew by 5% a year, and supply will have to increase sharply to meet future demand. Distribution of reserves (dashed circles) and world primary production (solid circles) with the main companies present on current production sites and on-going projects.

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Supplies Chile Argentina Fleet 236

Green Car Congress

AUGUST 24, 2009

General Motors provided an image of the new Chevrolet Agile, a small car designed in Brazil and due to launch in that market in October. 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 2010 Agile. Click to enlarge.

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Chevrolet GM Paraguay Uruguay 280

Green Car Congress

SEPTEMBER 4, 2014

George Soros has doubled his stake in YPF SA, the state-owned oil company in Argentina, which sits atop some of the world’s largest shale oil and gas resources, and is about to get even larger following a new discovery over the last couple of weeks of a second key shale play. Earlier post.]. It now controls 3.5 It now controls 3.5

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Argentina Chevron Oil Gas 319

Green Car Congress

JULY 22, 2022

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. Rio Tinto completed its acquisition of Rincon earlier this year. Earlier post.)

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Carbon Ford Supplies F-150 186

The Truth About Cars

MARCH 7, 2024

While the automaker’s parent company is moving toward electrification, it remains dedicated to internal combustion, announcing that it would invest billions in a new engine that runs on ethanol. The automaker said that it leads Brazil, Argentina, and Chile in sales, exceeding 878,000 units last year and giving it a 23.5

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South America America Dodge Brazil 105

Green Car Congress

JANUARY 2, 2023

Brine operations, mostly in Chile and Argentina, generate about 75% of worldwide production. Through a Department of Energy-sponsored research project with Argonne National Laboratory, the company is investigating a process to streamline production of lithium hydroxide, which is principally used in EV batteries, from brine resources.

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Chile Argentina Nevada Water 259

Green Car Congress

OCTOBER 25, 2017

The acquisition of eMotorWerks marks Enel’s entrance into the US electric mobility market. Enel has installed around 5,000 charging stations in Italy, Spain, Romania, Greece, Chile, Colombia and Argentina. Enel is a multinational power company and a leading integrated player in the global, power, gas and renewables markets.

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Grid Market North America Colombia 170

Green Car Congress

SEPTEMBER 30, 2022

We are seeing strong interest in the market for a North American supply of spodumene concentrate to support production of lithium batteries. In March 2022, Rio Tinto completed the acquisition of the Rincon lithium project, a large undeveloped lithium brine project located in the heart of the lithium triangle in Argentina.

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Serbia Li-ion Argentina Lithium Ion 199

Green Car Congress

OCTOBER 12, 2022

Established in 1997, Lake Resources currently develops four lithium brine projects in Argentina. BlueOval SK, the joint venture between SK On and Ford Motor Company, is building three plants in the US —one in Tennessee and two others in Kentucky. million electric vehicles (EVs). They are expected to be operational from 2025.

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Supplies Batteries Battery Argentina 293

Green Car Congress

APRIL 14, 2020

Based on company announcements to date related to operation scale-downs and closures, as well as national, provincial and local governmental measures, Roskill estimates that approximately 110Kt of mined LCE production could be lost over the course of 2020, due directly to actions taken to prevent the spread of COVID-19.

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2020 Supplies Chile South America 186

Green Cars News

JANUARY 2, 2012

We’re used to reading stories about carmakers moving into China and other major markets – but now Toyota is looking to tap into Argentina as it bids to expand its green car line-up. A Toyota Group company, Toyota Tsusho Corporation, will start lithium production at the Salar de Olaroz Lithium-Potash Project in 2013 thanks to [.].

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Argentina Toyota Green Cars Corporation 44

Green Car Congress

JULY 22, 2022

The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan. Ford plans to invest more than $50 billion in EVs through 2026, targeting total company adjusted EBIT margins of 10% and 8% EBIT margins for EVs by 2026. 150,000 F-150 Lightnings for North America.

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Ford North America F-150 Batteries 221

Teslarati

FEBRUARY 14, 2023

Now, as the company looks to expand outside of Asia, it is doubling down on its Chinese production capabilities. BYD’s new battery production follows a string of announcements that BYD would be entering numerous global markets. BYD has seen rapid growth in its automotive business over the past two years.

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BYD China Building Batteries 126

Electric Vehicles India

AUGUST 10, 2021

Secondly, it has a huge potential in the Indian market and. Lithium is among one of the costliest materials that are found outside of India, in other countries such as Chile Australia, China, Argentina, etc. In Australia, there are 2,800,000 tons of Lithium reserves and in Argentina, there are 1,700,000 tons of Lithium reserves.

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India Manufacturer Electric Vehicles Lithium Ion 105

Green Car Congress

OCTOBER 3, 2020

Currently, virtually all of the lithium used in the US is produced outside the country—most is mined in Argentina, Chile, China, and Australia. The only current domestic supply comes from the Silver Peak mine in Nevada.

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California Chile Argentina United States 345

Green Car Congress

AUGUST 6, 2012

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. —Galaxy Managing Director Iggy Tan.

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Carbon Price China Argentina 225