Electric Vehicle

December 11, 2024 1:01 PM

Indian EV industry to attract $40 billion investments, boosting real estate growth: report

The Indian electric vehicle (EV) and ancillary sectors are poised to attract nearly $40 billion in investments over the next five to six years, creating significant opportunities for the real estate market, according to a report by Colliers India. The report, titled "EVs in India: Renewed Vigour in Electric Mobility," highlights that nearly two-thirds of these investments are expected to be concentrated in the lithium-ion battery segment. Despite slower-than-expected EV adoption, the industry h...

Global lithium sector eyes Argentina’s salt flats on tech test run

In a dusty plain in northern Argentina's mountains, black tubes stretching two stories high fill a massive tank with salty brine sucked from deep below ground. The brine contains lithium, a silvery white metal essential for making electric vehicle batteries and in high demand as the world shifts to green energy. French miner Eramet is attempting to use an innovative technique, known as direct lithium extraction, or DLE, in a race for cleaner, faster and cheaper ways to produce the metal with le...