India’s ambition of becoming a global hub for making electric vehicles faces one major hurdle: its lack of access to lithium. Home to some of the most polluted cities on the planet, the South Asian nation is pivoting toward new-energy vehicles to clean up its toxic air. But with meager resources of lithium, the mineral […]
Bengaluru-based Lithium Urban is a B2B transportation service provider with a fleet of 1,000 EVs Currently, EVs from Tata Motors Ltd and Mahindra and Mahindra Ltd comprise the bulk of its fleet Lithium Urban Technologies Pvt. Ltd is set to acquire electric buses and sport-utility vehicles (SUVs) to expand its fleet and enter new segments, […]
Bengaluru-based Lithium Urban is a B2B transportation service provider with a fleet of 1,000 EVs Currently, EVs from Tata Motors Ltd and Mahindra and Mahindra Ltd comprise the bulk of its fleet Lithium Urban Technologies Pvt. Ltd is set to acquire electric buses and sport-utility vehicles (SUVs) to expand its fleet and enter new segments, […]
Soluna Australia has been established to sell lithium-ion batteries and Soluna energy storage products into the Australian renewables energy market. Lithium Australia NL (ASX:LIT) has entered the energy storage market after completing formalities for joint battery marketing operations with China-based battery and energy storage specialists DLG Group. The partners have established a 50:50 incorporated joint […]
Fernandez, a member of the Peronist party that has supported more economic intervention by government, defeated business-friendly incumbent Mauricio Macri in last month’s election LOS ANGELES: Argentina’s lithium producers are cautiously optimistic that President-elect Alberto Fernandez’s incoming administration will not restrict capital flows or set other policies that could hamper their ability to supply the […]
Albemarle Corp, Tianqi Lithium Corp and others have been producing more lithium than automakers need. Global supply exceeds demand by about 5 percent, according to Canaccord data. LOS ANGELES: The burgeoning lithium industry, which produces the powerhouse metal used to make electric vehicle (EV) batteries, has entered its first major downturn, an unwelcome bruising for […]
Lithium prices have halved since 4Q 2017, driven by perceptions of oversupply in the market and, as a result, major producers are pulling back and re-assessing expansion plans. This boom-bust cycle is not healthy – it breeds more risk and uncertainty for investors. It reemphasizes why it is so important for the lithium industry to […]
KAWANISHI-CITY, Japan: Climate change is caused by human activity and population explosion, and is becoming a serious issue because of the increase in greenhouse gasses such as methane and carbon dioxide (CO2). Replacing petroleum consuming cars with hybrid, electric, and fuel cell cars is one of the ways to reduce CO2 emissions from automobiles. Also, building a smart-grid […]
MOSCOW/SANTIAGO: Uranium One Group, a subsidiary of Russia’s state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Wealth Minerals Ltd (WML.V), the Canada-listed company said on Tuesday. Under a deal struck with Wealth, the Russian nuclear firm has the option to purchase up to a […]
Lithium-ion batteries are far more widely recycled than many people think, while China and South Korea are already leaders of the emerging circular economy of lithium, a report commissioned by the Swedish Energy Agency has found. An often-cited figure is that “5% of lithium-ion batteries are recycled”, when in fact this statistic, taken originally from […]