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Bio-isobutanol company Gevo signs licensing and joint development agreements with Porta in Argentina; corn feedstock

Green Car Congress

to construct multiple isobutanol plants in Argentina using corn as a feedstock. Based on projected isobutanol pricing, Gevo estimates that it could generate approximately $1 million in annual revenues once the plant is operational, through royalties, sales and marketing fees, and other revenue streams such as yeast sales.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

Global vehicle sales totalled 5.55 This represents the largest year-on-year monthly decrease since 1980, when JATO Dynamics started to collect data—even surpassing the global financial crisis in November 2008, which saw a 25% decline in sales. million units in March 2020, down by 39% from March 2019. million units.

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SQM and Lithium Americas announce joint venture to develop lithium project in Argentina

Green Car Congress

LAC) are forming a 50/50 joint venture to develop the Caucharí-Olaroz lithium project in Argentina. SQM and LAC intend to immediately advance a work and engineering plan, which contemplates completion of an updated definitive feasibility study based on an existing study for Caucharí that was completed by Minera Exar in 2012.

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Stellantis is Dropping Billions on Ethanol Tech in South America

The Truth About Cars

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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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

has acquired 100% of the outstanding shares of OMVL SpA and OMVL’s 51% share of Juniper Engines Inc. Ian Scott, President of Juniper Engines, will manage the combined companies while Maurizio Grando, Managing Director of OMVL, will continue to manage the Italian operations. In 2009, Juniper Engines introduced its new 2.0-liter

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Nissan to launch 3 new EVs and 5 new e-POWER models in Japan by FY2022; 100K LEAFs sold in Japan

Green Car Congress

e-POWER technology features a small gasoline engine that charges a high-output battery, eliminating the need for an external charging source. Nissan expects electric vehicles and e-POWER models to make up 40% of sales in Japan by the end of the company’s 2022 fiscal year.

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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014. Demand growth to date has seen the lithium price more than doubled in the past few years.

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