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Start-Up MOBI LATAM partners with EnergyX to develop Bolivian domestic lithium battery supply chain

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Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”. However, Bolivia is production-poor; Chile and Argentina are top global producers, but Bolivia has yet to produce the mineral in commercial quantities.

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Brine-to-battery company EnergyX secures $450M funding agreement with Global Emerging Markets

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Lithium and battery technology company Energy Exploration Technologies announced a $450-million investment commitment from Global Emerging Markets (GEM). Founded in 1991, GEM (Global Emerging Markets) is a $3.4-billion billion alternative investment firm with offices in Paris, New York, and the Bahamas.

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Street network patterns reveal global trend towards increasing urban sprawl

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New research from McGill University and the University of California, Santa Cruz has found that the local streets of the world’s cities are becoming less connected, a global trend that is driving urban sprawl and discouraging the use of public transportation. Different forms of gated communities were also found to be on the rise globally.

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Ford building new $1.6B plant in Mexico for small cars

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billion in a new small car plant in Mexico, building a new manufacturing site in San Luis Potosi State. Mexico is Ford’s fourth-largest vehicle manufacturing site for global customers—behind the US, China and Germany. The investment is part of the company’s One Ford global product and manufacturing plan.

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Rough road for EV industry

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They are forming joint ventures with battery material manufacturers to build factories that will ensure future battery deliveries will be reliable and affordable. Building a domestic supply chain isn’t just a priority for manufacturers. In April, Mexico’s government nationalized.

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GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology

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The EnergyX team of scientists and engineers have worked relentlessly for five years developing cutting-edge DLE technology to solve the immense bottlenecks that have limited global lithium production and supply chain. his single bottleneck (a massive lithium shortage) is the biggest challenge to scaling EV production.

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Tesla And Other Tech Giants Scramble For Lithium As Prices Double

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We have Tesla in the far corner, building its battery gigafactory in Nevada, for which it needs tons of lithium at a reasonable price, and just last week Tesla announced its plans for the Model 3, which has already hit over 325,000 reservations. This means that the new market is all about new players.

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