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MercoPress, en Español

Montevideo, March 20th 2019 - 17:42 UTC

Tag: Electric Vehicles

  • Friday, October 12th 2018 - 09:05 UTC

    Chile wants lithium traded on the London Metals Exchange

    LME asked companies that assess prices of battery-grade lithium to submit proposals to supply a reference for cash-settled contracts it plans to launch

    Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.

  • Wednesday, October 10th 2018 - 17:04 UTC

    Oil Price Rally Boosts Electric Car Sales

    All EV makers will have one common element that could help lift demand for battery vehicles—rising oil prices leading to fuel prices at four-year highs, which could turn consumers towards EVs.

    Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids.