Kia intends to sell 500,000 EVs annually by 2026
Kia Motors just announced its mid- to long-term strategy “Plan S” to “spearhead transition to EV, mobility solutions by 2025”, which will be supported by a 29 trillion won ($25 billion) investment. Kia intends to sell some 500,000 all-electric cars annually by 2026.
China says no significant cut in new energy vehicle subsidies in 2020
China will not make significant cuts to subsidies for new energy vehicles (NEV) this year, signalling that its policy will remain relatively stable, state media quoted the country’s industry ministry as saying on Saturday.
Orocobre Corporate Video – 2019
Subscribe to the Orocobre Limited YouTube channel for all the latest video updates. Despite the challenging global lithium market coupled with a turbulent Argentine economy, 2019 has been another year of achievement for Orocobre Limited with the Stage 2 Expansion project at the Olaroz Lithium Facility achieving a number of milestones including construction of new... View Article
March 27, 2018
SUMMARY:
- Lithium spot and contract price news – Lithium spot prices were stable, while 2018 LCE global contract prices are about 20% higher than 2017.
- Lithium market news – Lithium giant Albemarle contradicts Morgan Stanley on electric vehicle growth. The EV take-up rate, and therefore lithium demand, will be much greater than MS claims.
- Lithium company news – The lithium deals continue, following Volkswagen’s stunning $25b battery deal with leading battery manufacturers.