M4E Lithium secured a $7.5M to $10M funding from industry leading Lithium Royalty Corp. (“LRC”) and the Electrification and Decarbonization fund managed by Waratah Capital Advisors (founder of LRC) The financing package includes an equity investment, a royalty purchase and an option for a strategic offtake agreement (with a buyback … [continued]
A bloodbath is coming. The exact timeline we don’t know, not yet at least. But the omens are here already with the Chinese market slowing down and the Chinese EV industry reaping the fruit of early investments, massive economies of scale, and near total control over battery supply chains. After … [continued]
After the first part of our report (which, admittedly, was a bit underwhelming), we’re finally getting to the countries where EVs are moving fast! If you wish to read the first part of this report, you can find it here: Latin America 2023 EV Sales Report, Part 1: The Laggards (Argentina, … [continued]
By Daniel Morris, Clean Energy Lead, Climate Investment Funds (CIF), and Francisco Boshell, Head of Innovation and End-Use Applications, International Renewable Energy Agency (IRENA) Our world has a storage problem. As the technology for generating renewable energy has advanced at breakneck pace—almost tripling globally between 2011 and 2022—one thing has … [continued]
Yesterday, we learned that Ana Clara Benevides died as a result of extreme heat while attending a Taylor Swift concert in Rio De Janeiro last month. The incident happened November 18, and the investigation by the coroner concluded yesterday that the cause of death was the insane heat that blanketed … [continued]
When it comes to EVs, it’s easy to think a lot about how efficient they are after the vehicle leaves the factory. That’s obviously very important, but a super clean vehicle that comes from a dirty and inefficient manufacturing process isn’t a great way to get started. Perhaps more importantly, … [continued]
About 1.5 million Indigenous people reside in the forests of the Amazon in South America. Although deforestation and fires have eaten into this iconic forest in recent decades, Indigenous communities are helping protect some of its most intact parts. Standing, healthy forests breathe in carbon dioxide and store it in their trunks, … [continued]
Despite some promising countries (mainly Costa Rica), Latin America remains a laggard in the transition to cleaner, greener transportation. Those of you who read my report on the EV market situation in the region may remember that only four countries have surpassed 1% BEV market share, and some of them … [continued]
Following up on our Latin American EV Market series, we continue now with countries that are further ahead of the “Laggards” but can’t be considered leaders. If you haven’t read it yet, you can find the previous article here: Latin America EV Market Share Part 1. In this article, we’ll … [continued]
BYD is planning to build electric cars in India and now Brazll as part of its ambition to be the largest electric car company in the world.
