Naraha Lithium Hydroxide Plant Groundbreaking Ceremony
Orocobre Limited is pleased to advise that Orocobre Managing Director and CEO Mr. Martín Pérez de Solay, Toyota Tsusho Corporation (TTC) and Toyotsu Lithium Corporation representatives hosted a groundbreaking ceremony to signify the commencement of construction at the Naraha Lithium Hydroxide Plant (Naraha Plant).
Europe is beating the US in the battery race – with China’s help
The biggest reason we hear so much about electric cars is because of the falling costs of batteries. Lithium-ion batteries today cost less than one-fifth as they did in 2010. Within the next five years, some experts estimate that the total cost of owning an electric car — that is, upfront cost plus lifetime fuel... View Article
Orocobre Market Update – Online Briefing
To listen to a recording of Orocobre’s latest audio webcast briefing, where Managing Director & CEO Mr. Martín Pérez de Solay discusses the Quarterly Activities Report for the period ended 30 June 2019, click on the media player below.
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