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President of Mexico nationalizes lithium

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The President nationalized Mexico’s lithium deposits last April, and created LitioMX (Litio Para Mexico) to mine lithium ( earlier post ). Sonora hosts virtually all Mexico’s lithium resources—8.82Mt lithium carbonate equivalent (LCE) or 1.66Mt lithium metal. What we are doing now.

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Mexico forms state-run company to mine lithium: Litio para Mexico

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Mexico has formed a state-run company called Litio para Mexico (LitioMx) to mine the country’s lithium. Litio para Mexico will begin operations within the next six months. Lithium for Mexico will coordinate with the Undersecretariat of Energy Planning and Transition of the Ministry of Energy.

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Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

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Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts.

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ZF opens state-of-the-art technology centre in Mexico | Autocar Professional

Baua Electric

Global technology company ZF officially opened the campus that will house four corporate function hubs for North America and the company’s first R&D centre in Mexico, on April 4, 2024. It is the first multi-functional and multi-divisional campus for ZF in Mexico. This investment is a win-win.

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BYD has no plans to enter the US Market amid “complications’ [Feature]

Teslarati

China’s top new energy vehicle manufacturer, BYD, has no plans to enter the United States auto market. BYD Executive Vice President and CEO of BYD Americas sat down with Yahoo Finance , and talked about the Chinese automaker’s lack of presence in the US Market and the global electric vehicle (EV) market.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). The decline was not confined to China, however. billion and $2.7

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BYD has no plans to launch EVs in the US, says the market is too confusing for buyers

Baua Electric

The leader called the market “interesting” but too complicated due to conflicting politics. Li sat down for an interview with Yahoo Finance Anchor Akiki Fujita to discuss the global EV market. Earlier this month, the head of BYD Mexico, Zhou Zou, told Nikkei the automaker was considering building a plant in the country.

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