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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

The company, which supplies batteries to automakers including Ford, Hyundai and Volkswagen, currently operates seven factories in the United States, Hungary, China and South Korea and is currently in construction of seven more plants. SK On ranked ninth in terms of global EV battery market share in 2019, but has shot up to fifth this year.

Supplies 259
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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 positive results came as a result of more electrified vehicles from Mercedes (+44%), Volkswagen (+240%), BMW (+15%), Hyundai (+25%), Volvo (+79%), and Suzuki, among others. Demand in Latin America fell by 30% to 318,000 units, following restrictions in Argentina, Colombia, Chile, Peru, and more recently Brazil and Mexico.

Europe 261
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Country’s Ministry of Mines announces lithium discovery

Electric Vehicles India

The Ministry of Mines once said the government is taking some aggressive steps to secure lithium-bearing minerals from Australia and Argentina in order to strengthen the new technology’s critical minerals supply chain. It was discovered by the GSI (Geological Survey of India) during exploration in the Reasi area of ​​Jammu-Kashmir.

India 79
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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. Those engines were based on the Hyundai Motor Company’s 2.0-liter liter and 2.4-liter liter and 2.4-liter

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JATO: 2018 record year for EVs; sales up 74% to 1.26M units; overall market stable, as SUVs rule

Green Car Congress

Elsewhere, Russia climbed the rankings and overtook South Korea, while Argentina and Turkey—two big producers of vehicles—saw declines, having felt the effects of challenging economic times. India’s growth is projected to continue over the next few years, with it expected to become the third largest market by 2021. million sales.

2018 273
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Nissan now Nº 2 Asian brand in the Americas; new $2B manufacturing complex in Mexico to grow B platform capacity

Green Car Congress

Nissan Argentina. million units, followed by Hyundai with 1.03 Nissan Latin America. Nissan Americas Totals. Toyota maintains the lead position of the Asian brands in the Americas, with 1.85 million units sold in 2011. Honda is in third place with 1.29 million units and Kia with 659,000.

Mexico 186