article thumbnail

Mexico forms state-run company to mine lithium: Litio para Mexico

Green Car Congress

The Board of Directors for LitioMx comprises the head of the Ministry of Energy, who will preside over it; the head of the Ministry of Finance and Public Credit; the head of the Ministry of Economy; the head of the Ministry of the Interior; and the head of the Ministry of Environment and Natural Resources. According to the USGS, Mexico has 1.7

Mexico 284
article thumbnail

Documenting the EV battery material supply chain: Traceability challenges, Part One

Charged EVs

Thanks to the “Buy American” requirements of the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA), and similar provisions in the EU’s new Battery Directive, traceability is becoming a critical function in the EV industry. Charged spoke with Ken Fallu, OPTEL’s Global Head of Strategy for Mining and Environment.

Supplies 107
article thumbnail

Live Blog: Tesla (TSLA) 2021 Annual Meeting of Stockholders

Teslarati

So mining for battery materials will stop when the transportation sector becomes electric. By this time, key battery components could be recycled. 15:38 PT – Elon highlights the importance of solar and batteries. 15:16 PT – Elon addresses some of the concerns about methane and batteries. Credit: Tesla/YouTube.

Tesla 144
article thumbnail

LIVE BLOG: Tesla 2023 Cyber Roundup (Annual Shareholder Meeting)

Teslarati

Musk added that, as he predicted in the past, Tesla’s stationary battery storage business is indeed growing at a faster rate than the company’s electric vehicle business. 15:42 CT –”Tesla is not immune to the global economic environment,” Musk cautioned. The CEO noted that phone batteries use lots of cobalt.

Tesla 134
article thumbnail

Scientists at KU Leuven, University of Lubumbashi reveal the health risks of cobalt mining in DR Congo

Green Car Congress

The metal is a crucial component of rechargeable lithium-ion batteries for smartphones and electric cars. Around 60% of the world’s cobalt supply comes from the mineral-rich Katanga Copper belt, in the Democratic Republic of the Congo. Demand for cobalt has been on the increase due to its many applications. —Nkulu et al.

Congo 207
article thumbnail

UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

Batteries 545
article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

A battery electric vehicle (BEV) uses an electric motor instead of an internal combustion engine. These vehicles use large traction battery packs to power the motor. EV MYTH ONE: Manufacturing EVs is just as bad for the environment as ICEVs. In comparison, EV engines run on lithium batteries.