Green Car Congress

FEBRUARY 20, 2023

A number of foreign companies are interested in developing lithium deposits in Mexico; in September 2022, the finance ministry valued the lithium deposit in Sonora state as worth as much as 12 trillion Mexican pesos (US$653 billion, currently). World leaders Bolivia, Argentina and Chile hold 21Mt, 19Mt and 9.8Mt.

Mexico 543

Mexico Bolivia Argentina Chile 543

Green Car Congress

APRIL 12, 2023

GM Ventures is leading a $50-million Series B financing round in EnergyX , and has entered into a strategic agreement to develop EnergyX’s lithium extraction and refinery technology. Earlier post.) his single bottleneck (a massive lithium shortage) is the biggest challenge to scaling EV production.

GM 150

GM South America North America Bolivia 150

The Truth About Cars

OCTOBER 24, 2024

The lithium sector in South America’s "lithium triangle," which spans Argentina, Chile, and Bolivia, has long been central to the global race for extracting the battery metal needed for electric vehicles. This has been driven by oversupply and weaker-than-expected demand for EVs, impacting profitability and financing across the sector.

Argentina 62

Argentina Bolivia Chile Financing 62

Green Car Congress

AUGUST 26, 2022

The Board of Directors for LitioMx comprises the head of the Ministry of Energy, who will preside over it; the head of the Ministry of Finance and Public Credit; the head of the Ministry of Economy; the head of the Ministry of the Interior; and the head of the Ministry of Environment and Natural Resources. According to the USGS, Mexico has 1.7

Mexico 284

Mexico Companies Bolivia Congo 284