article thumbnail

The Global Outlook of Electric Vehicles

Blink Charging

With this increase in demand came an equally steep rise in the price of the metals used in the manufacturing of EV batteries – particularly lithium – which the IEA’s report says is a significant challenge to the EV industry. Countries like Rwanda, Kenya, Uganda and Egypt all have plans in place to increase EV production and usage.

article thumbnail

Jervois to acquire SMP nickel & cobalt refinery in Brazil; concentrate from Idaho for refining, cobalt metal back to US

Green Car Congress

Jervois currently is a cobalt company with nickel and copper exposure, with mining assets in Idaho, Uganda, and Australia. Jervois intends for the SMP acquisition to transform it into a vertically integrated producer when the Idaho Cobalt Operations (ICO) commences commercial production. million (US$8.5 million) on Closing.

Idaho 259