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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. The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. North America.

2015 150
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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Demand growth to date has seen the lithium price more than doubled in the past few years. 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.

Toyota 207
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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. billion) into a financing facility to support exports. Even in Canada, Chinese money has been crucial.

China 52
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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. The total purchase price of approximately US$23.4 The total purchase price of approximately US$23.4

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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

That is, owners will not start using new fuels if infrastructure is not available, and energy providers will not finance expensive infrastructure without first securing customers. By 2030, biofuels will play a larger role, provided that significant quantities can be produced sustainably, and at an attractive price.

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California Goes To Hell In A Handbasket But Greenius Says AB 811 is Our Route To Green Heaven

Creative Greenius

And damned if California isn’t going to score like a horny Republican Governor on Viagra in Argentina. Since it provides easy financing for solar PV and energy efficiency, AB 811 fits into all this like a hand-in-glove. So is the $500 million in Green Jobs funding that’s also part of the ARRA stimulus package.