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GM to invest $450M in Argentina

Green Car Congress

General Motors will invest $450 million between 2013 and 2015 to expand its Rosario Automotive Complex to build an all-new global Chevrolet vehicle, Chairman and CEO Dan Akerson said Wednesday. GM Argentina produced a record of more than 136,000 vehicles at its Rosario facility in 2011.

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Toyota Tsusho JV to begin lithium production in Argentina in 2013; supplies for Toyota Motor

Green Car Congress

will begin lithium production in the Salar de Olaroz Lithium-Potash Project in Argentina in 2013 through its joint venture with Australian mining concern Orocobre Ltd. Results of a feasibility study at the site, a salt lake in northwestern Argentina, showed estimated deposits of 6.4 Toyota Group company Toyota Tsusho Corp.

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

Green Car Congress

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

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

Green Car Congress

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 this step, Argentina joins a network of global production sites for the NP300 Frontier that includes plants in Thailand, Mexico and soon Spain.

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Balqon Expands Heavy-Duty Electric Truck Distribution into Argentina

Green Car Congress

Balqon Corporation, an emerging developer and manufacturer of heavy-duty electric vehicles for Class 7 and Class 8 applications ( earlier post ), has entered into a Dealer Agreement with Autoelevadores Yale, a leading distributor of material handling equipment and electric vehicles in Argentina.

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SK On takes 10% stake in Australia’s Lake Resources; battery-grade lithium supply deal

Green Car Congress

Established in 1997, Lake Resources currently develops four lithium brine projects in Argentina. BlueOval SK, the joint venture between SK On and Ford Motor Company, is building three plants in the US —one in Tennessee and two others in Kentucky. million electric vehicles (EVs). They are expected to be operational from 2025.

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Ford, Rio Tinto sign MOU for battery and low-carbon materials supply to support net-zero future

Green Car Congress

Ford Motor Company and Rio Tinto have signed a non-binding global memorandum of understanding (MOU) jointly to develop more sustainable and secure supply chains for battery and low-carbon materials to be used in Ford vehicles. Rio Tinto completed its acquisition of Rincon earlier this year. Earlier post.)

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