BMW iX3 crowned World Car of the Year 2026 as EVs lead the way
The BMW iX3 has been named World Car of the Year 2026, with the announcement made at the New York International Auto Show on 1 April.
- Industry News
- 2 April 2026
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).
The BMW iX3 has been named World Car of the Year 2026, with the announcement made at the New York International Auto Show on 1 April.
Retail new vehicle sales continue to surge in South Africa despite global and regional conflicts, local floods and droughts.
South Africa’s new vehicle market delivered a standout performance in March 2026, extending its domestic growth trajectory to the strongest level seen in nearly two decades.
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Have you ever noticed that anybody driving slower than you is an idiot, and anyone going faster than you is a maniac?
George Carlin
While rising fuel prices often trigger spikes in interest around electric vehicles, Volvo Car South Africa believes the real reasons South Africans are starting to consider EVs go far beyond the petrol pump.
MG has opened a new engineering centre in Frankfurt as part of its “in Europe, for Europe” approach. The facility will focus on developing vehicles suited to European conditions, including climate, roads and driving habits. It will work alongside existing teams in the United Kingdom (UK) and London design hub.
Europe’s used electric vehicle (EV) market is experiencing a notable surge as the Iran conflict drives up global oil prices and pushes petrol costs sharply higher across the continent.