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Volkswagen investing €560M in Argentina plant for new MQB-based SUV

Green Car Congress

Volkswagen is investing some €560 million (US$652 million) over the next five years in the production of a new MQB-based SUV in Pacheco, Argentina. From 2020, the plant will deliver the new model built in Argentina to the entire South American continent. Key drivers behind this positive development are Brazil and Argentina.

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Ford builds 150,000th Mustang Mach-E; on sale in 37 countries

Green Car Congress

Starting in fall 2022, Premium models built with the Extended Range battery offer a targeted EPA-estimated range of 290 miles on all-wheel drive models, up 13 miles. New Zealand, Brazil and Argentina are among the latest markets added to the Mustang Mach-E stable.

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Incat Tasmania selects Wärtsilä solutions for battery-electric lightweight Ro-Pax ferry

Green Car Congress

The vessel will operate between Argentina and Uruguay. The uniquely designed vessel will be fully battery powered, with e-motor driven Wärtsilä waterjets as the main propulsors. The battery modules and energy storage system package is four times larger than on any electric/hybrid ship currently operating.

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Allkem and Livent to merge to create $10.6B lithium producer, one of world’s largest

Green Car Congress

The merger will create a leading global lithium chemicals producer that will target large automotive companies and look to accelerate supply growth in Canada and Argentina. Livent has nearly eight decades of experience producing a diverse range of lithium chemicals for energy storage and other specialty applications. billion (A$15.7

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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

With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity. This downward trend is not simply due to the restrictions of free movement.

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Rio Tinto completes acquisition of Rincon lithium project for $825M

Green Car Congress

Rio Tinto has completed the acquisition of the Rincon lithium project in Argentina for $825 million, following approval from Australia’s Foreign Investment Review Board (FIRB). We will be working with local communities, the Province of Salta and the Government of Argentina as we develop this project to the highest ESG standards.

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Mercedes-Benz Vans shows pickup truck concepts; market launch in late 2017; diesel V6

Green Car Congress

With the pickup, Mercedes-Benz Vans will also expand its product range with a fourth model series. Daimler AG will make investments in the high nine figures (euro) in the new model series by the time of the market launch. The key markets will be Argentina, Brazil, South Africa, Australia with New Zealand, and Europe.

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