Batteries Battery Chile Market 
Green Car Congress
APRIL 22, 2023
Chile President Gabriel Boric announced that his government will nationalize the country’s lithium industry, with the objective of increasing wealth for the country, and developing a key industry as a fundamental step to link Chile’s economic development with the change towards a green economy at a global level. Earlier post.)
Green Car Congress
NOVEMBER 24, 2018
will deliver 100 full electric buses to Chile. The E12 Electrical Bus, the model Yutong will deliver to Chile, is equipped with 324 kWh battery capacity and low energy consumption. Yutong Bus sells buses in more than 30 countries across six continents with a market share of more than 30% in China and more than 15% globally.
Green Car Congress
JUNE 15, 2022
Albemarle Corporation, one of the largest lithium producers in the world and present in Chile for more than 40 years, inaugurated its third chemical conversion plant, La Negra III/IV, in Antofagasta, Chile, as one of the most modern chemical conversion plants in Latin America.
Green Car Congress
JANUARY 15, 2022
Chile’s Ministry of Mining awarded China-based BYD a contract to extract up to 80,000 tons of metallic lithium. The other lithium extraction contract, also for 80,000 tons, went to Chile-based Servicios y Operaciones Mineras del Norte SA, for an offer of US$60 million. million tons, according to the US Geological Survey (USGS).
Green Car Congress
APRIL 21, 2022
Both companies will work towards creating a Bolivian domestic lithium battery supply chain to develop the region’s electric mobility market. Bolivia is lithium-rich; the USGS estimates identified lithium reserves in the country to be 21 million tons—ahead of Argentina and Chile, the other members of the “lithium triangle”.
Green Car Congress
JUNE 7, 2023
Aclara Resources, a development-stage company that focuses on heavy rare earth mineral resources, has started the continuous operation of its newly constructed pilot plant for the Penco Module near Concepcion, Chile. Chile, Brazil, US, and China, while the second patent has recently been filed and is pending approval.
Green Car Congress
NOVEMBER 30, 2022
Hyundai Motor Group signed a memorandum of understanding (MOU) with SK On to secure a supply of EV batteries in North America. Under the MOU, both parties will cooperate to provide SK On batteries to the Group’s plants in the US after 2025 for the EV production. Further details on the cooperation will be revealed at a later stage.
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