Toyota Strikes Deal With World’s Top Supplier of Electric Car Batteries
Toyota Motor Corp. agreed to buy batteries from Contemporary Amperex Technology Co. Ltd. (CATL) as part of a broader partnership, the latest in a slew of tie-ups being forged as global carmakers race to secure stable supplies for electric vehicles.
VIII International Seminar: Lithium in the South America Region
Orocobre Limited CEO and Managing Director Martín Pérez de Solay presented at the annual “VIII Seminario Internacional: Litio en la Región de Sudamérica” speaking in detail about the current levels of production at the Olaroz Lithium Facility, progress of the Stage 2 Expansion project, the current state of the lithium market and Sales de Jujuy... View Article
Olaroz Lithium Facility’s Stage 2 Expansion continues to advance steadily
As part of his presentation at “VIII Seminario Internacional: Litio en la Región de Sudamérica” (VIII International Seminar: Lithium in South America), Chief Executive Officer and Managing Director of Orocobre Limited, Mr. Martín Pérez de Solay was interviewed exclusively by the event organisers PANORAMA MINERO.
August 21, 2018
Japan’s Toyota Motor Corporation will build additional capacity at its auto plant in China’s Guangzhou, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year. A person close to the company said Toyota will build capacity at the production hub in the south China city of Guangzhou to also produce an additional 120,000 vehicles a year, an increase of 24 percent over current capacity.
All together, between the eastern port city of Tianjin and Guangzhou, Toyota will boost its overall manufacturing capacity by 240,000 vehicles a year, or by about 20 percent. Toyota’s production capacity in China is 1.16 million vehicles a year. Reuters reported earlier this week that Toyota plans to build additional capacity in Tianjin to produce 10,000 all-electric battery cars and 110,000 plug-in hybrid electric cars a year.
FULL ARTICLE: Toyota to increase production capacity in China by 20 percent