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President of Mexico nationalizes lithium

Green Car Congress

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.

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

Green Car Congress

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

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GM leads $50M funding round in EnergyX; advanced lithium extraction and refining technology

Green Car Congress

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.

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The Lithium Race Has Been Red-Flagged In Argentina

The Truth About Cars

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.

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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

Green Car Congress

In the end, 188 countries voted in favor of the motion, with Cuba, Bolivia, Sudan, and Venezuela voting against it. Finance structures would be created and funded by developed countries, encouraging developing countries and emerging economies to minimize future emissions and adapt to future effects of climate change. degrees Celsius.

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Made-in-India two-wheeler exports finally on the upswing | Autocar Professional

Baua Electric

There was also more focus on scaling up market share in Latin American countries such as Colombia, Mexico, Guatemala, Bolivia, and Peru, and on increasing retail finance in markets such as Colombia, Bangladesh, Nepal, Mexico, and Africa to improve affordability and boost sales.

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