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Rough road for EV industry

Green Car Congress

America’s electric vehicle (EV) industry seems to have hit a rough patch of pavement in recent months. Even Tesla, despite its substantial efforts to hold the line on affordability, has suffered from the effects of war, supply chain disruptions and the rising costs of raw materials. In April, Mexico’s government nationalized.

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Yellen visits US lithium site in Chile, eyes progress on green transition – ET Auto

Baua Electric

Chile also aims to reach 100% in EV sales by 2035 and could well lead the way in green hydrogen, with more than 40 green hydrogen projects underway. lithium producer Albemarle in northern Chile , saying that expanded U.S.-Chilean Yellen’s visit to Chile is part of a broader push by the Biden administration to diversify U.S.

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What companies purchase their lithium in Chile?

Innovation News Network

Uncover the big names in tech and auto industries sourcing their lithium from Chile's rich reserves. The post What companies purchase their lithium in Chile? Discover who's powering our future. appeared first on Innovation News Network.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

Parts of our key supply chains, including for clean energy, are currently over-concentrated in China,” US Treasury Secretary Janet Yellen said earlier this month during a visit to Chile, home to the largest lithium reserves. the Charlotte, North Carolina-based miner whose processing plant Yellen visited during her trip to Chile.

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Saudi Arabia Pursues Lithium to Fuel EV Ambitions – ET Auto

Baua Electric

Alkhorayef stated that he was unaware of any discussions with Chile regarding its lithium licenses. Minister of Industry and Mineral Resources Bandar Alkhorayef stated in an interview that attempts to secure domestic supplies were in early stages.

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Copper output at Chile’s Codelco set to rise this year, CESCO says – ET Auto

Baua Electric

That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal. That goal appeared realistic, said Jorge Cantallopts, head of the Center for Copper and Mining Studies (CESCO) in Chile, the world’s top producer of the red metal.

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Chile’s SQM posts profit down 82% as lithium prices slide – ET Auto

Baua Electric

Chile’s SQM , the world’s second-largest lithium producer, on Wednesday posted an 82% fall in its fourth-quarter net profit from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks. Revenue for the period fell 58% to USD 1.31 billion, also lagging LSEG’s USD 1.35

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