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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units—a 10% drop from 2013; with politics impairing Argentina and Venezuela, and the economic climate weighing down markets like Brazil, Chile and Peru, where it may take a few years for demand to recover to previous highs. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. million units.

2015 150
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Toyota digs for Lithium

Revenge of the Electric Car

Concerns about carbon emissions and their impact on climate change plus high and volatile oil prices are increasing the popularity of hybrid and electric vehicles despite their higher costs. Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. Additional to China, Brazil ($7.6 billion), India ($7.4

2014 150
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Li-ion Reserve in the World: How it Revolutionised the EV Industry

Get Electric Vehicle

Newly found reservoirs of petroleum and crude oil decreased the oil price. Chile has the world’s highest lithium deposits by a huge margin. In 2020, Chile’s lithium reserves were expected to be 9.2 Model T was cheaper and had more range. million metric tonnes. With reserves valued at 4.7

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