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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America. North America continues to be an impetus to global light vehicle demand levels. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015.

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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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