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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Toyota Tsusho, the trading arm of the Toyota Group, has signed a Share Subscription Agreement with Australian lithium miner Orocobre to become a 15% shareholder on a fully diluted basis by private placements and participation in Orocobre’s public accelerated entitlement share offering, announced in conjunction with this investment.

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Toyota turns to Argentina

Green Cars News

We’re used to reading stories about carmakers moving into China and other major markets – but now Toyota is looking to tap into Argentina as it bids to expand its green car line-up.

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Toyota digs for Lithium

Revenge of the Electric Car

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha.

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Top electric vehicles battery manufacturers in India

Electric Vehicles India

Secondly, it has a huge potential in the Indian market and. 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.

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Is standard lithium LTD a sham?

EV Info

The Canadian stock market has plenty of small miners of all types that claim fantastic returns and special propriety technology to transform their industry. With the ramp in EV sales the market has looked at Lithium miners and producers as potential big winners. Big and Growing Market. It reported a revenue of 2020 $839.26

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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

It was one of the highest increases among all car categories on the global market, which can be explained by several factors, JATO said. Overall, 2018 marked a somewhat challenging year for the global car market, as sales fell for the first time since 2009, logging 86.01 Passenger electric cars recorded 1.26 of total global sales).

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

Green Car Congress

And the battle for market share in and around this commodity has everyone from major tech players to trend-setting investor gurus vying for a foothold. Through its Alphabet holding company , Google is also getting into the game with plans for a self-driving car. Some contracts in China, according to Bloomberg, have seen over $23,000.

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