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Audi has once again upgraded its flagship SUV, the Q7 and sportier SQ7, with a clear visual language and smarter technology.
- Product News
- 11 March 2025
Chilean lithium miner, SQM, the world's second-largest lithium producer, says it has reached a long-term supply deal with Hyundai and Kia to provide the carmakers with the white metal, key to the production of electric vehicle batteries.
Hyundai and Kia will "secure a portion of (their) future lithium hydroxide supply from SQM", the SQM, which has already landed supply deals with Ford Motors and battery maker LG Energy, said in a statement.
SQM did not give financial details of the deal with the Korean automakers, but said there was "strong motivation to continue with (its) lithium hydroxide expansion plan."
The mining company’s current Chilean capacity for lithium hydroxide, made from lithium carbonate, is at 40 000 metric tons a year, according to its first-quarter results.
SQM is on track to boost output in Chile to 100 000 tons in 2025. It is also building up capacity in China and Australia.
At the end of May, SQM signed an agreement with Chilean state-run mining company, Codelco, to form a joint venture that will let SQM boost output through to 2060 at the Salar de Atacama, one of the world's most prized areas for extracting lithium.
(Reuters).
After a 4-month journey covering more than 16 000km from Morocco to South Africa, the four fully-electric Citroën Amis, La Croisière Verte (Green cruise), have successfully completed their expedition, proving the feasibility of micro-mobility and electrification across diverse terrains.
During May, MasterDrive will host a New Energy Vehicle (NEV) Fleet Workshop where the topic will be delved into with great detail. While the exact date is yet to be confirmed, several experts will be coming together to unpack pertinent issues related to NEVs.
Volvo Car South Africa announced a new offer designed to make electric vehicle ownership even more convenient.