A budget #ElectricVehicle selling for $4,500, made in China by #SAIC and #GM, outsold #Tesla in China last month with 26,000 sold. Top speed of 100km/h and seats 4 at a pinch. BBC News - Chinese £3,200 budget electric car takes on Tesla bbc.co.uk/news/business-…

Site clearing works for our Sonora Lithium Project have commenced, with local teams employed to collect native vegetation for future rehabilitation

Bacanora Lithium Plc is pleased to announce that it has received £21.8M into Sonora #Lithium Limited from its joint venture partner #Ganfeng Lithium for the ongoing development of the Sonora Lithium Project and the completion of the 50/50 JV between Bacanora and Ganfeng

#Denmark to spend $43B to build an "energy island" in the north sea with 200 #wind turbines to generate 10GW of #renewableenergy and will power 10 million homes. Over next few decades Denmark will install 300GW of offshore energy theweathernetwork.com/ca/news/articl…

By the end of 2020, China reached a cumulative installed #SOLAR capacity of around 250GW. Some 75GW of new #solarenergy is planned for 2021. Over the next decade, China is planning additional new #windenergy and #SOLAR capacity of 1,700 GW by 2030 pv-magazine.com/2021/02/26/chi…

#Ireland is moving towards its target of being #carbonneutral by 2050 with a new offshore #renewableenergy wave-energy and floating #windturbine project. The Emerald project, near Cork, is to generate 300MW of #windpower initially, with a target of 1GW cleantechnica.com/2021/03/04/wav…

As Tech companies build bigger and bigger data centres they are entering into private Power Purchase Egreements to supply #renewableenergy. 24GW worth of PPA were signed in 2020, 18% above 2019. 50% have been built by #Amazon, #Google and #Facebook qz.com/1981302/amazon…

In 2020 China built 100GW of new #Windpower #renewableenergy capacity, more than the whole world combined in the year before. This was an increase of 60% from the year before and significantly more than the 16GW in USA and 12GW built in Europe theguardian.com/business/2021/…

#foxconn may build an #ElectricVehicles plant in #Mexico. Will spend up to $1B over next 3 years to build 3 #EV models including an electric bus and two passenger vehicles. Has just signed MOU with #fisker to jointly develop EV's asia.nikkei.com/Business/Autom…

#Lithium carbonate prices have doubled in past 12 months with Benchmark reporting China technical grade at US$11,700/t and #Battery grade at $12,635/t. Producers, including #Ganfeng, announcing the lithium market will encounter further tightness in 2021. mining-journal.com/energy-mineral…

#MercedesBenz to unveil a new flagship #electricvehicle model EQ, with market-leading battery range of 700km. Mercedes forecasts that half its deliveries will be plug-in #hybrids and fully electric cars in 2030 and will share components with #AstonMartin europe.autonews.com/automakers/mer…

The US Department of Energy forecasts 60% reduction in #solarenergy costs over the next decade as prices fall to $0.03/kWh in 2025 and $0.02/kWh in 2030 with nextgen #renewableenergy focus on #perovskites and cadmium telluride (#CdTe) thin film technology renews.biz/67508/us-aims-…

#Lithium #battery costs have fallen 98% in the past 30 years with unit costs of <$100/kWh being achieved in next 2 years and the cost of an #ElectricVehicle reaching parity with an internal combustion engine

Start of the construction for the road upgrade for the Sonora #lithium project to allow heavy equipment deliveries to site

#GM working in silicon-rich and #lithium metal anodes and solid state electrolytes for its next generation of #Ultium #batteries, due 2025 to reduce battery cell cost well under $100/kWh and increase #ElectricVehicle driving ranges to 965 km mobile.reuters.com/article/amp/id…

#BNEF predicting #Lithium #Battery cell costs fall to $60/kWh by 2030 as world battery storage capacity grows from from current 17GWh to 2,850GWh by 2040 and worldwide #renewableenergy capacity triples between 2019 and 2050 to 68% of world supply

#Toyota will introduce 15 new #battery #ElectricVehicles (#BEV) models globally, plus 20 new models in China, by 2025. Toyota are expanding their #lithium #EV lineup to over 70 models in order to achieve #carbonneutrality before 2050. reut.rs/3txlpmH

SONORA LITHIUM PILOT PLANT RECORDS ZERO LOST TIME ACCIDENTS (LTA) DURING THE PAST 24 MONTHS bacanoralithium.com/media/blog/son…

Initial site development for the camp accommodation for the Sonora #lithium project in preparation for the project construction teams arriving on site later in the year

Bacanora's Independent Directors and Ganfeng are pleased to announce that Bacanora and Ganfeng have entered into an agreement regarding the terms of a possible cash offer by Ganfeng for the entire issued and to be issued share capital of Bacanora: bacanoralithium.com/investor-relat…