Noticias sobre Electric Vehicles
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Mexico’s AMLO Proposes Paltry Budget for State-Owned Lithium-Mining Company
The government of President Andrés Manuel López Obrador is proposing a $550,000 budget for the company that will be in charge of planning lithium-extraction projects and alliances with the private sector
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Tesla, Kia Supplier Moves Manufacturing Operations from South Carolina to Mexico
Gentherm will expand its operations in the northern Mexican city of Monterrey as part of its plan to improve its financial performance
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China’s Leading EV Manufacturer Sets Up Shop in Lula’s Brazil After Ford Exit
Brazil is currently the eighth largest global automobile manufacturer, producing economical models aimed at the domestic market and other developing markets
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How Will Chile’s Lithium Strategy Impact Mining Companies?
The Chilean government currently has contracts for lithium extraction with SQM and Albemarle, which would benefit from the proposed law, but which would discourage new entrants, according to Fitch Ratings
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Latin America Accelerates Lithium Project Development In Bid to Attract Investment
Chile, Argentina, Brazil and Bolivia combined have 17 projects looking to attract capital as experts highlight the need to add value to the supply chain
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US Says It Must Expand Work With Latin America on Key Minerals
The Biden administration has begun a push to diversify the US’ sources of important goods and materials and to reduce dependency on China
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Rio Tinto to Pursue Argentine Lithium Project Investment Despite Rising Costs
The Australian mining company is building a plant to produce 3000 tons of lithium carbonate annually in the Argentine province of Salta, but is also reviewing the costs
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European Union Working on E-Bus for Lithium Deal With LatAm Nations
The quid pro quo pact is part of the EU’s 300-billion-euro ($335 billion) plan called the Global Gateway, the people said
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Latin America’s Share of Global Lithium Production Seen Declining
Chile and Argentina are among the world’s four biggest producers of the mineral, which is key to electric-vehicle battery production, but production in other countries is also expected to increase
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Ford’s EV Sales Fall After Slow Recovery From Temporary Mexico Factory Shutdown
Production at the Mach-E plant in Cuautitlán, Mexico, was halted in January and February to double its capacity
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China’s EV Giant BYD Takes Next Steps on Huge Lithium Project in Chile
BYD in April was granted access to preferential prices for lithium carbonate in the country
Otras noticias sobre Electric Vehicles
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Why Is LatAm More Relevant for China’s Giant EV Maker BYD than US?
“The US market isn’t under our current consideration,” says Stella Li, executive VP, who oversees global expansion for the company
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Buses Take the Lead In the Race to Electrification
By 2032, about half of the world’s buses will be battery-powered, a milestone that will take an additional decade for electric cars
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Mexico’s Former Ruling Party Fights to Maintain Last Strongholds in State Elections
The states of Mexico and Coahuila, among the top 10 contributors to national GDP, go to the polls Sunday to elect new governors, and which could signal the end of their rule by the PRI
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Electric Vehicle Boom Brings $95B Investment to Latin American Copper-Mining Projects
Chile, Peru and Argentina are leading the wave of investment by mining and automotive companies in the region
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Nearshoring In Latin America Faces Challenge of Technical Talent Deficit
The lack of specialized talent affects all of the region and is becoming more evident in light of the energy transition and electric vehicle boom
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Head of New Lithium Giant Wants to Build a LatAm-Based Battery Supply Chain
The soon-to-be chief executive of what will become the world’s third-biggest lithium producer says the new company will focus on building a supply chain in the Americas, as US automakers look for non-Chinese sources of the battery metal
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Chile’s Lithium Strategy Not a Nationalization, Mining Minister Says
Marcela Hernando talks to Bloomberg Línea about President Gabriel Boric’s policy, which she describes as key to augmenting the country’s wealth, and its impact on the industry
Linea Latina
Joe Biden’s Tough Auto Pollution Crackdown to Drive EV Sales in the US
The Biden administration is proposing to crack down on vehicle pollution with tailpipe emission limits so tough they will compel automakers to ensure two out of every three cars and light trucks sold in 2032 are electric models
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Volkswagen Looks to US Electric Vehicles Incentives to Capture Buyers
Volkswagen of America has said 80% of the 25 new electric models it plans to introduce in the United States by the end of the decade will be produced in the US or Mexico