CEO & MD Martín Pérez De Solay provides a company update
Mr. Martín Pérez De Solay, Chief Executive Officer and Managing Director of Orocobre Limited has provided a company update to the Morgans network. Mr. Pérez De Solay gives a brief overview of company operations, production, growth projects and current lithium market trends.
Toyota to Buy Batteries from China’s CATL and BYD as It Revs Up Electric Car Plans
Chinese battery makers Contemporary Amperex Technology Co. Ltd. (CATL) and BYD Co. have agreed to partner with Toyota Motor Corp. as the Japanese automaker dramatically accelerates its plan to develop and sell green vehicles. Details of the deal have not yet been announced, but the Financial Times said CATL and BYD are expected to supply... View Article
Battery Shortages Are Already A Problem, And Electric Car Waiting Lists Are Becoming The Norm
Waiting lists for electric cars really only started with the launch of Tesla Model 3 and the ~400,000 order waiting list that quickly followed. This was mostly due to the car being presented as an affordable electric car at a starting price tag of USD 35,000. In more recent times, even the luxury Porsche Taycan... View Article
August 30, 2016
South Korea’s Samsung SDI Co (006400.KS) plans to invest about 400 billion won (273.62 million pounds) to build a plant to make electric vehicle batteries in Hungary, joining the race to build capacity and tap European demand at a time of disappointing Chinese demand. Samsung SDI, whose customers include BMW (BMWG.DE), said on Tuesday that the proposed factory near Budapest would start production in the second half of 2018 and it would be able to produce batteries used for 50,000 pure electric vehicles (EVs) annually.
ARTICLE: Samsung SDI to build $358 million car battery plant in Hungary by 2018