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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

Green Car Congress

The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. Stellantis aims for 100% of its Chinese vehicles to be electric by 2030. Tesla is targeting production of 20 million passenger EVs by 2030.

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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., —François-Philippe Champagne, Minister of Innovation, Science and Industry.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5 More than 45 billion yuan (US$6.5

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. The international zinc index is 20 per cent lower than the year’s high in late January.

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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.

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The Godfather of South Korea’s Chip Industry

Cars That Think

Korea Advanced Institute of Science and Technology (KAIST) assumed top posts in the industry as well as coveted positions teaching or researching semiconductors at universities and government institutes. awarded him its prestigious Ho-Am Prize in 1993 for “building a solid foundation for Korea’s semiconductor industry.” Frederick E.

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Siemens partners with Chinese R&D center TIES to develop new technologies for EV batteries

Green Car Congress

Siemens Digital Industries Software has partnered with Tianmu Lake Institute of Advanced Energy Storage Technologies (TIES), a major Chinese energy storage research and development center, to build an Advanced Battery Technology Innovation Center. —Professor Hong Li, Chief Executive Officer at TIES.

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