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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

Lithium Americas estimates the lithium extracted and processed from the project can support production of up to 1 million EVs per year. This relationship underscores our commitment to develop a sustainable domestic lithium supply chain for electric vehicles. Tranche 2: GM to invest $330 million into Lithium Americas.

America 259
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Ford sources battery capacity and raw materials for 600K EV annual run rate by late 2023, 2M by end of 2026; adding LFP

Green Car Congress

Ford announced a series of initiatives for sourcing battery capacity and raw materials that light a clear path to reach its targeted annual run rate of 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026. 150,000 F-150 Lightnings for North America. 150,000 Transit EVs for North America and Europe.

Ford 221
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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% Light-duty NGVs typically run on compressed natural gas (CNG) because the tanks. In Latin America, the consumer market is.

2019 311
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Top electric vehicles battery manufacturers in India

Electric Vehicles India

Lithium is among one of the costliest materials that are found outside of India, in other countries such as Chile Australia, China, Argentina, etc. In Australia, there are 2,800,000 tons of Lithium reserves and in Argentina, there are 1,700,000 tons of Lithium reserves. In Chile, there are 8,600,000 tons of Lithium reserves.

India 105
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MIT and IEA reports take different views of the future of natural gas in transportation

Green Car Congress

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. More than 70% of all NGVs and one-half of all fuelling stations can be found in just five countries: Pakistan, Iran, Argentina, Brazil and India.

MIT 299
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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. as in an economic contraction where demand and price decline).

Oil 207
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Ford will use module-less LFP batteries from CATL

Push EVs

Moreover, the carmaker plans to localize and use 40 GWh of LFP capacity in North America starting in 2026. Ford plans to reach a 600,000 global EV run rate by late 2023 with the following EVs: 270,000 Mustang Mach-Es for North America, Europe and China. 150,000 F-150 Lightnings for North America.

Ford 105