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POSCO begins construction of S Korea’s first lithium hydroxide plant

Green Car Congress

POSCO Holdings recently began construction at the Yulchon 1 st Industrial Complex in Jeollanam-do (South Jeolla Province, S. Korea) of the country’s first lithium hydroxide plant, which will produce secondary battery materials using lithium produced from brine in Argentina.

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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Green Car Congress

Australia’s Department of Industry, Science and Resources released the December 2022 edition of the Resources and Energy Quarterly (REQ). This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. of Australia’s lithium export volumes, followed by South Korea (0.9%) and the United States (0.7%).

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

Green Car Congress

The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes. Production is dominated by Talison Lithium in Australia, SQM and Rockwood Lithium in Chile, and FMC in Argentina.

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Chevrolet sets first-half global sales record with 2.35M units; 14% growth

Green Car Congress

In addition, Chevrolet set record first-half sales in many countries, including Argentina, Brazil, Chile, China, Colombia, Denmark, Ecuador, France, South Africa, and Turkey. Canada, where sales climbed 8%, and have more than doubled the pace of industry growth for the past 18 months. Click to enlarge.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

The Group of Twenty (G20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy.

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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

Many carmakers felt the effects of trade tensions between the world’s biggest economies, political changes in key markets, and new threats to the status quo of the industry. Last year could be considered as the beginning of a new era for the automotive industry. —Felipe Munoz, JATO’s global analyst. —Felipe Munoz.

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China’s new energy buses are re-exported to Europe

Setec Powerr

Skona is known as the birthplace of the Nordic nation, the creative center of artists, designers and entertainers, and the birthplace of many innovative industries. In addition to the regular seats, there are two child safety seats in the car.

Europe 40