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Mexico forms state-run company to mine lithium: Litio para Mexico

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Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. Litio para Mexico will begin operations within the next six months. Lithium for Mexico will coordinate with the Undersecretariat of Energy Planning and Transition of the Ministry of Energy.

Mexico 284
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Nissan investing $600M in Argentina; domestic production of new pick-up

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Nissan Motor will invest $600 million in Argentina and will become an Original Equipment Manufacturer (OEM) with the domestic production there of an all-new NP300 Frontier pick-up. With the expansion, Nissan is making Argentina a key component of its regional strategy eventually to position itself among the Top 3 brands in Latin America.

Argentina 150
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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

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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. The industry is being impacted largely by the uncertainty for the future, and this issue started to arise even before the pandemic took hold. million units.

Europe 261
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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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However, a slowdown is being signaled with just two of the high-potential BRIC markets likely to see increased sales this year. China will lead the sector’s volume growth, with particular strength in SUVs, though IHS expects the market to slow from 2014. —Lin Huaibin, manager, China light vehicle sales forecast, IHS Automotive.

2015 150
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom.

Nevada 150
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Ford CEO Fields elected to IBM Board of Directors

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Mark led the highly successful transformation of his company in a competitive industry where technology has driven innovation. Fields also previously led Ford’s European operations, served as president and CEO, Mazda Motor Corporation in Japan and was the managing director of Ford Argentina earlier in his career.

Ford 150