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Rio Tinto to invest USD 350 million in Argentina lithium project – ET Auto

Baua Electric

The company purchased the Rincon project from Rincon Mining in 2022 for USD 825 mn, and plans to develop a battery-grade lithium carbonate plant with an annual capacity of 3,000 tons. Rio Tinto said it is working with local communities and authorities to ensure environmental standards.

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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

The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. million units.

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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

Green Car Congress

to purchase 170 million gallon equivalents of renewable natural gas (RNG) through 2026. RNG is a key part of UPS’ strategy to increase alternative fuel consumption to be 40% of total ground fuel purchases by 2025, supporting the logistics leader’s efforts to reduce the absolute greenhouse gas (GHG) emissions of its ground fleet 12% by 2025.

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BMW Group to source lithium from Livent

Green Car Congress

—Dr Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network. 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.

BMW 273
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Nuseed, bp partner to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

Green Car Congress

have entered into a long-term strategic offtake and market development agreement that will see bp, or its affiliates, purchase Nuseed Carinata oil to process or sell into growing markets for the production of sustainable biofuels. Nuseed and BP Products North America Inc., bp is already an active participant in the biofuels supply chain.

Carbon 170
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Pike Research forecasts annual global sales of light-duty natural gas vehicles to reach 3.2M in 2019

Green Car Congress

The global market for light-duty (LD) natural gas vehicles (NGVs)—including passenger cars, light-duty trucks and commercial vehicles—will experience a compound annual growth rate (CAGR) of 6.2% The global market for LD NGVs varies significantly depending on the region and country. between 2012 and 2019, reaching 3.2

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Nio buys 12% stake in lithium mining company

Teslarati

The automaker is purchasing an approximate 12.16% stake in Greenwing Resources, an Australian-based lithium company. Greenwing plans to use 80% of the funds from Nio’s purchase for its San Jorge Lithium Project in Argentina. Nio plans ot have over 4,000 battery swap stations globally by 2025. per share (Placement).

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