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Chinese company reportedly seeks to invest $10B in Afghanistan’s lithium mining sector

Green Car Congress

According to the Afghanistan Ministry of Mines and Petroleum, China-based Gochin Company company seeks to invest US$10 billion in Afghanistan’s lithium mining sector.

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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., Power Metals Corp is a Canadaian mining company exploring and developing cesium, lithium and tantalum assets in Canada.

Canada 353
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Toyota, 5 Chinese companies establish R&D JV for commercial vehicle fuel cell systems in China

Green Car Congress

Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Each company will invest in the joint venture. FCRD is a company that holds tremendous significance for Toyota's global FC strategies. GAC Group); Beijing Automotive Group Co.,

Chinese 405
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Evonik invests in Chinese graphene company SuperC

Green Car Congress

Specialty chemicals company Evonik has invested in battery specialist SuperC. The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. The company’s materials are already used in products from leading Chinese battery manufacturers.

Chinese 279
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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

Green Car Congress

The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

Li-ion 458
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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. The Chinese name of Zeeker has been confirmed as Ji Ke.

Companies 435
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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

Green Car Congress

The acquisitions will provide Northern with 40-50,000 tonnes per year (tpy) of graphite production capacity in Québec and Namibia, which will make it the third-largest non-Chinese natural graphite producing company. the company paid Imerys approximately CDN$17.8 million in cash and issued to Imerys US$4 million worth of units.

Namibia 284