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Nissan investing $600M in Argentina; domestic production of new pick-up

Green Car Congress

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 this step, Argentina joins a network of global production sites for the NP300 Frontier that includes plants in Thailand, Mexico and soon Spain.

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Ford CEO Fields elected to IBM Board of Directors

Green Car Congress

The IBM board of directors elected Mark Fields, president and chief executive officer, Ford Motor Company, to the board effective 1 March 1, 2016. Mark led the highly successful transformation of his company in a competitive industry where technology has driven innovation.

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Toyota Group Company to Form JV with Australian Lithium Resource Developer to Secure Access to Competitive Lithium Carbonate Production

Green Car Congress

Orocobre Limited , an Australian minerals exploration company with a focus on developing “best of class” Lithium, Potash and Boron resources in Argentina, and a Toyota Group Company, Toyota Tsusho Corporation, will establish a joint venture to develop Orocobre’s flagship Salar de Olaroz Lithium-Potash Project in Argentina.

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Eaton signs long-term agreement with Argentine bus manufacturer TATSA to design and supply hybrid systems

Green Car Congress

Eaton Corporation has signed a long-term agreement to design and supply Argentine bus manufacturer Tecnología Avanzada en Transporte S. with a hybrid electric power system for use in buses in Argentina and throughout South America. TATSA), a company wholly owned by Consorcio Metropolitano de Transporte S.A.,

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Balqon Receives Initial $490,000 Purchase Order for Heavy-Duty Electric Drive Systems From New China-Based Distributor

Green Car Congress

Balqon Corporation, a developer and manufacturer of zero emissions, heavy-duty electric vehicles and drive systems ( earlier post ), has received a $490,000 order for electric drive systems under a new dealer agreement with DynaProTech, a leading composite automotive parts manufacturer in the People’s Republic of China.

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GM leaps ahead in lithium mining race, secures next-gen extraction deal

Teslarati

General Motors (GM) has secured a next-generation lithium extraction deal with Puerto Rico-based startup, EnergyX. EnergyX proudly advertises that “the company’s LiTAS technology increases lithium recovery rates to over 90% from the current industry standard of 30-40% using ponds and hit 94% during their field trials.”

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GM global sales up 7.6% in 2011 to 9.026M vehicles; China and US largest markets

Green Car Congress

General Motors Co. of the global vehicle industry. On a corporate basis, GM’s two largest markets in 2011 were China, where GM and its joint venture partners increased sales 8.3% General Motors Global Sales Summary. global sales rose to more than 9 million vehicles in 2011, a 7.6% gain compared with 2010. United States.

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