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Ultra Lithium, Power Metals respond to Government of Canada’s order for Chinese divestment in critical minerals

Green Car Congress

The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. Power Metals also expressed surprise at “Canada’s stance towards Chinese investment into Canada’s critical minerals industry”. Earlier post.)

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BMW introduces electric 3 Series for Chinese market

Green Car Congress

The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. Fine tuning of the BMW i3 eDrive35L’s suspension systems to Chinese road conditions has been carried out by the BMW Brilliance Automotive Ltd.

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Chinese company reportedly seeks to invest $10B in Afghanistan’s lithium mining sector

Green Car Congress

According to the Ministry’s press release, the Chinese company suggested that if it is awarded the lithium mining contract, the company will invest in several significant Afghan infrastructure projects, including tunnels, a power dam, and highways.

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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., Limited is required to divest itself of its investment in Power Metals Corp.

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Evonik invests in Chinese graphene company SuperC

Green Car Congress

The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. One focus is on improving battery technology—the company’s products are used in various components of the batteries, making them more powerful, safer, and more environmentally friendly.

Chinese 279
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Mercedes-Benz to launch BYD-powered EVs to keep pace with Tesla, Chinese automakers

Electrek

According to a new report, Mercedes-Benz plans to launch new EVs powered by BYD’s LFP Blade battery. more… The post Mercedes-Benz to launch BYD-powered EVs to keep pace with Tesla, Chinese automakers appeared first on Electrek.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. The current political climate between the United States and China discourages Chinese battery suppliers like CATL from distributing their oversupply of batteries to the US.

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