Toyota Motor Corp. plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating ministry for maritime affairs said...
The upcoming Argentinian election in October will play a role in deciding the future of the country’s resources industry — not in its viability, but in where the money for investment will be coming from....
May 7, 2019
Battery metals tracker Adamas Intelligence says that in March 2019, battery capacity deployed worldwide in battery electric cars (including hybrids) nearly doubled from the same month last year...
US Senator Murkowski Launches American Minerals Security Act At Benchmark Minerals Summit in Washington DC
May 5, 2019
US Government Senator Lisa Murkowski has introduced bipartisan legislation to secure its mineral resources and supply chains for its 21st century auto and energy industries at the inaugural Benchmark Minerals Summit 2019 in Washington DC...
To our Dajin Shareholders and Interested Investors:
In a relatively quiet Lithium market Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) has been working diligently with the management of Litica Resources S.A., the Lithium operating subsidiary of Pluspetrol Resources Corporation B.V., to advance the 2019 exploration program for the Salinas Grandes salar in Jujuy Province, Argentina. In Salta Argentina a meeting with the management of Litica Resources and Dajin is scheduled to be held during the week of June 17, 2019 to discuss a plan to comply with their investment commitment to explore and evaluate the Salinas Grandes and Guayatayoc salars. Dajin’s director Dr. Catherine Hickson, P. Geo, will represent Dajin’s interests at the meeting as well as attend the “Lithium in the South America Region” seminar to be held in Jujuy on June 18th and 19th to introduce Dajin to other participants and investors interested in the Lithium industry.
The U.S. push to challenge China’s dominance in the production and sale of electric vehicles has at least one weak link: Most of the raw materials needed to make the batteries are dug elsewhere...
June 3, 2019
The race by Tesla Inc., Samsung SDI Co. and other technology giants to secure supplies of lithium — a key ingredient in batteries for electric vehicles and smartphones — is creating a unique chance for two global mining superpowers to reap more value from their natural resources...
March 29, 2019 - Vancouver, BC – Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTCQB: DJI) (Frankfurt: C2U1) reports that Pluspetrol Resources Corporation B.V. (“Pluspetrol”) has acquired 100% of the issued and outstanding common shares of LSC Lithium Corporation (“LSC”) for a cash consideration of approximately CDN $111 million. Dajin was partnered with LSC who has, through its wholly owned subsidiary Lithium S Holding Corporation, an earn-in agreement to spend CDN $2,000,000 to earn a 51% interest in Dajin Resources S.A..
January 16, 2019 - Vancouver, BC. Dajin wishes to update our shareholders that on January 15, 2019 our strategic partner in Argentina, LSC Lithium Corporation (“LSC”) announced that they have entered into an agreement with Pluspetrol Resources Corporation whereby Pluspetrol would acquire 100% of the issued and outstanding shares of LSC for C$111 million...
January 11, 2019 - Vancouver, BC - JANUARY 2019 INVESTOR UPDATE:
Entering 2019 Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTCQB: DJIFF) (Germany: C2U1) is well situated with three drill-ready Lithium brine projects. Our land holdings exceed 93,000 hectares in the “LITHIUM TRIANGLE” in Jujuy province in northwestern Argentina, with two additional Lithium projects in the “LITHIUM HUB” in central Nevada, USA...
September 6, 2018 - Vancouver, BC - Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTCQB: DJIFF) (Germany: C2U1) management is pleased to share an interview by Metal News' Dr. Allen Alper with Dajin's President Brian Findlay and Chief Operating Officer Dr. Catherine Hickson.
August 29, 2018 - Vancouver, BC - Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTCQB: DJIFF) (Germany: C2U1) management is pleased to report that Dajin's Technical Board member, Dr. Beatrice Coira, will present a scientific paper at the International Association on the Genesis of Ore Deposits (IAGOD), being held in Salta, Argentina on August 30, 2018. IAGOD's 15th Quadrennial symposium is focused thematically on "Ore Deposits: providing resources for present and future generations"...
April/May 2018 Resource World magazine "South America's Lithium Triangle"
With the impending advent of the widespread use of electric cars, trucks plus the millions of rechargeable consumer electronic devices that utilize lithium ion batteries, it is no wonder that numerous exploration companies have turned their attention to the vast Lithium Triangle in Argentina, Chile and Bolivia. It has been estimated that South America’s Lithium Triangle hosts about 54% of the world’s lithium resources.
Read full article from Resource World magazine click here
February 7, 2018
By Chee Thang, Technical Editor
Electric cars have been stirring up a storm for lithium. Prices of the mineral, which is an essential component of the lithium-ion batteries that power electric cars like Teslas, have been rising to stratospheric heights since October 2015 amid the prospect of widespread mass production of fully electric cars, each requiring some 21.4 kg (47lb) of lithium carbonate equivalent in their batteries. Is the price boom sustainable, or is it a bubble? The answer may be a bit of both.
Hickson claims Salinas Grandes - a salt flat in Argentina where Dajin holds significant mineral concessions - has the potential to be “one of the best lithium resources” around.
Dajin is a lithium exploration company with targets in northwestern Argentina as well as Nevada, USA.
Dajin Reviews LSC Lithium Progress in Salinas Grandes and Enirgi Group's Demonstration Plant, Argentina
November 15, 2017 - Vancouver, BC - Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) is pleased to provide its shareholders and interested investors an update regarding the recent visit to Germany and Argentina by Dajin Director and Chief Operating Officer, Dr. Catherine Hickson.
Following the successful participation of Dajin in the International Precious Metals and Commodities show held in Munich, Germany, November 2nd and 3rd, Dr. Hickson travelled on to Argentina.
Vancouver BC - Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) wishes to advise you of the recently completed site visit by Dajin Management.
On June 2, 2017 Dajin Chief Operating Officer and Director, Catherine Hickson, Director Mark Coolbaugh and Technical Board member, Roberto Page were welcomed at Enirgi Group Corporation’s (“Enirgi Group”) newly commissioned Salar del Rincón Lithium carbonate processing plant (the “DXP Plant”) in Salta Province, Argentina...
Dajin Resource Corp. would like to make you aware of news released on April 17 th, 2017. In Argentina, Enirgi Group, the Operator for Dajin’s partnership with LSC Lithium Corporation (TSX-V: LSC), has just announced achieving a major milestone at the Salar del Rincon Lithium Brine Processing plant. The plant, using Enirgi’s state of the art Direct Extraction Technology (DXP) has achieved successful commissioning of the first section (the “Separation Stage”) of its commercial scale demonstration Lithium carbonate processing plant.
This work has been accomplished in approximately nine months. Enirgi’s reports that that the plant will achieve full commissioning by the end of May 2017, with Monday’s announcement being the first to highlight the significant advances the company is making with its technology as it ramps up to commercial production.
A video of the demonstration plant constructed and operating in Australia prior to shipment to Argentina:
Dajin Resource Corp. would like to make you aware of several news events that have taken place over the past few weeks involving an update regarding important permits in place for upcoming drilling, the release of an NI 43-101 Technical Report on the Teels Marsh property and an update on water rights in Nevada.
In addition, there are several important updates involving Dajin's partner LSC Lithium Corp. on the Salinas Grandes project in Argentina.
Dajin COO and Director Dr. Catherine Hickson was also recently interviewed by Investing News Network:
Dajin Resources Corp’s South American partner, LSC Lithium Corporation (TSX-V: LSC) is pleased to report very positive news from Argentina. LSC has entered into agreements with Orocobre Limited and lithium explorer and developer, Advantage Lithium Corporation to acquire additional hectares in the Salinas Grandes salar...
In October 2016, Dajin Resources Corp. completed a transaction with Stephen Dattels of LSC Lithium Corp. (“LSC”) whereby LSC can earn a 51% interest in our lithium brine assets in Argentina with a payment of $1,000,000 (paid) and make an expenditure of $2,000,000 on the Salinas Grandes properties.
LSC brought to the table experienced Argentine lithium exploration and development personnel and Enirgi Group Corporation with their Direct Xtraction Process (DXP) technology for the rapid processing of brine into lithium carbonate products.
Please view the attached article from the Northern Miner that describes the LSC story. (click here)
Thank you for your continued interest and support.
Benchmark Minerals provides an excellent 2017 summary of the raw material impact of the Lithium ion battery...
We are pleased to inform you that Dajin’s exploration and strategic partner in Argentina, LSC Lithium Corporation (“LSC-V”), went public on February 28, 2017. [please see link below]
In Nevada we have been moving our projects forward and have recently submitted a revised permit application for drilling at our Teels Marsh project. There has been a lot of news recently on the importance of water rights for explorers and developers in Nevada. We are pleased to remind our investors that Dajin has already acquired water rights for Teels Marsh. [please see link below].
Dajin has also just updated its Investor Presentation. The March version is now available on our web page.
Click here for LSC Lithium Corporation Press Release
Click here for Water Rights article
Click here for March Investor Presentation
The owner of the only mining operation in the United States producing lithium carbonate wants alterations to Nevada's proposed bill on lithium exploration.
Albemarle Corp., owner of the Silver Peak Mine in Esmeralda County, reported it was working with the Nevada Divsion of Minerals and state engineer to develop alternative language to AB 52 that protects the alkaline playa, encourages lithium exploration and "protects Albemrale's current site and operations"...
Join Ellis Martin for a conversation with Simon Moores an analyst at Benchmark Mineral Intelligence, a London-based consultancy and research firm focusing on niche, critical and industrial minerals and metals. The company analyzes battery raw materials including graphite, lithium, cobalt, and vanadium.
Benchmark also follows major industrial markets, emerging industries and disruptive technologies such as EV batteries, as well as wind, solar, and fracking issues.
The following article outlining the acquisition of 51% of Daijn lithium assets in Argentina and the new structure of LSC Lithium Inc. was recently published by Stockwatch.
Please click here to view the full article and also the attached news release provided by Oakham Capital Corp.
Lithium continues to make the news in Nevada and South America.
Betting Big on Lithium:
Albemarle CEO Luke Kissam discusses the demand for lithium due to the growing need for batteries, hosted by CNBC:
Here's Where the Juice that Powers Batteries Comes From:
Bloomberg's Ashlee Vance explores lithium mining in Chile's Atacama Desert:
This article was originally published on CNBC.
The automotive industry's focus on electrification has accelerated in 2016.
Volkswagen Chairman Herbert Deiss told CNBC at the Paris Motor Show in November that "electric mobility will take off by 2020," while Tesla CEO Elon Musk announced in May his aim for annual production to be at 1 million vehicles by this same year.
The onus is now on rechargeable batteries – rather than petrol – to propel the automotive industry into its proposed greener future, with lithium ion cells being the prevailing form of this technology.
"Lithium is a pretty abundant element naturally," Jamie Speirs, a fellow in energy analysis and policy at Imperial College London, told CNBC via telephone. But, though worldwide production of the metal is increasing year on year, he detailed that "the current supply chain will not match up with lithium demand by, say, 2040"...
Originally published by Peter Epstein of Epstein Research.
On October 27, 2016 Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) announced the completion of a share purchase agreement with Lithium S Corp. (“LSC”), granting LSC the right to earn a 51% interest in the Company’s South American subsidiary, Dajin Resources S.A. (“Dajin SA”). LSC can earn 51% with a cash payment of C$1.0 M (paid) and by incurring expenditures of C$2.0 M on mineral concessions, (or concession applications), held by Dajin S.A. In addition, LSC injected a further C$500,000 by subscribing to common share units in Dajin. Importantly, Dajin now has virtually no capital requirements in Argentina until LSC earns its 51%. Therefore, the C$1.5 million in cash from LSC can be used to fund the Company’s activities in Nevada. More about Nevada later, this article is about activities in Argentina...
In an exclusive interview with Oilprice.com, Brian Findlay, President and CEO of Dajin Resources Corp., discusses:
• How Tesla’s gigafactory is sparking a massive resurgence in Nevada
• Why other giant businesses are setting up shop here
• Why Nevada is ground zero for the lithium boom
• Why Reno will be the New Las Vegas
• What it all means for economic development and job creation
• The rush to stake out lithium targets, and the big names that are interested
• The few options left to get in on this game
• Who got there first, and where it’s all going
Interview by James Stafford of Oilprice.com
Dajin's Dr. Catherine Hickson joins Ellis Martin to discuss the potential for growth in the Lithium market
Join Ellis Martin for a conversation with Dr. Catherine Hickson, a Director of Dajin Resources Corporation trading in the US as DJIFF and as TSX-V:DJI. Dr. Hickson discusses Dajin projects in Nevada and Argentina and the potential for growth in the lithium market.
University of Washington Clean Energy Institute has published a website for Secondary Use of Lithium Ion and covers a series of topics such as Energy Basics, Eletrochemistry and Batteries. Check it out to learn more about Lithium Ion batteries...
Dr. Catherine Hickson, Director of Dajin Resources Corp., recently gave an interview for Resource World about what investors should look for in a lithium company. The article is found on page 27 of the August - September, 2016 Resource World issue, and is available below.
More than 70% of the world’s lithium reserves are concentrated in the lithium triangle—an area that covers North-Western Argentina, Northern Chile, and Southern Bolivia. The lithium largesse is split pretty much evenly between the three, although exact estimates are lacking. Argentina, according to Argentine Mining Secretary Jorge Mayoral, might have resources upwards of 128 million tonnes.
What does a good lithium assay look like? Investing News Network reached out to Dr. Catherine Hickson, world renowned volcanologist and director of Dajin Resources, to get some insight.Read More
Brian Findlay, Dajin Resources' President and CEO, is interviewed by Epstein Research.Read More
With the increased investment in the sector, energy storage costs are falling and the number of technical options are increasing. Lithium features heavily in many of these solutions in the form of large scale batteries...Read More
One of the main obstacles that has inhibited cleantech from becoming more mainstream is the issue of power generation and storage. Despite the numerous advantages of solar power, a key challenge in the sector is making sure that the power generated is both adequate and reliable....Read More
At this year's Prospectors & Developers Association of Canada conference (PDAC), Jon Hykawy of Stormcrow Capital provided a brief overview of the critical materials involved in the lithium-ion battery supply chain."Read More
Battery-hungry world turns its attention to South America.....Read More
Dr. Catherine Hickson, a world-renowned volcanologist and director of lithium junior Dajin Resources, explains the link between volcanoes, geothermal energy and lithium.Read More
iThe following interview was conducted by phone and email in the 6 day period ended February 29th. As can be gleaned from her answers, Dr. Hickson is excited about the near-term prospects for lithium exploration in Argentina....Read More
Recently returned from a trip to Argentina, Catherine Hickson of Dajin Resources explains how the country's recent change in government is already affecting the mining industry there....Read More
In an upset over the incumbent party, Mauricio Macri, former Mayor of Buenos Aires, won the November 22nd runoff election, heralding a new era in Argentina’s politics, future and standing on the world stage. Coinciding with Macri’s assent in the polls from September, Argentina’s benchmark Merval stock index soared 58% through the November 20th market close. Many believe that his victory represents an inflection point in Argentina’s long suffering economy. Yet, ramifications could extend well beyond the economy. It’s hoped that fresh political and financial transparency will rebuild relationships with leaders in South America and beyond. Caveat emptor, Macri needs to execute his plans, not a certainty in this volatile, but always promising country....Read More
Los Angeles - The energy economy as we know it is changing rapidly. Even without the threat of global warming, the simple economics of solar panels or electric cars are leading to a rapid rate of adoption. One huge piece of that puzzle has been the lithium-ion battery. Efficient energy storage has the potential to fundamentally change the way our society works, from our energy grid to air travel...Read More
Nevada is booming as new lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple....Read More
Metals & Minerals Commodities Collapsing, Why are Lithium Juniors like Dajin Resources Moving Higher?
“Worse than both the Titanic and Hindenburg Disaster combined…” Exclusive quote from, Peter Epstein, CFA, MBA of EpsteinResearch, for this article, authored by Peter Epstein, CFA, MBA. What is he referring to? The natural resources meltdown. Most commodities are down substantially from 2011 highs. Unsurprisingly, companies in these sectors have been demolished. For instance, the TSX Venture Exchange Index is down 77% from its 2011 high....Read More
Nevada is a well-known gold & silver mining state. Gold mined in Nevada alone represents 80% of the United States’ total output, and Nevada's storied history in silver led to it being called the "Silver State." Nevada is not only the single best mining jurisdiction the U.S, it's ranked #3 globally by the respected, "Fraser Institute's annual Survey of Mining Countries." In addition to gold & silver, Nevada is making headlines as a center for emerging lithium exploration companies. Elon Musk's Tesla Motors (NASDAQ:TSLA) chose Nevada for its first giga-factory for good reason. Will Nevada become the, "Lithium State?" It's difficult to know for sure, but it calms me in a mood-stabilizing kind of way to think of it...Read More
Last week, Tesla Motors announced that it had agreed in principle to an off-take agreement with Bacanora Minerals Ltd. (located in Sonora Mexico) and to a lesser extent, its joint venture partner, on a portion of their properties, Rare Earth Min. Since then, Bacanora’s stock is up approximately 40%. At first, I was surprised Bacanora’s stock didn’t soar even higher. It turns out that the off-take agreement has a number of contingencies and no financial commitment from Tesla. In fact, Tesla’s Elon Musk was quoted as saying, “this lithium deal is not exclusive (and) has many contingencies. The press on this matter is unwarranted.” ...Read More
Sentiment in the lithium sector has improved markedly in the past few months. Improving sentiment and higher stock prices among lithium juniors, despite continued devastation in other natural resource sectors, is certainly noteworthy. Lithium is hot and attracting a lot of attention. That's largely without even considering underlying lithium carbonate and hydroxide prices marching higher this year and expected to be higher again next year. Renewed M&A, most notably the Western Lithium / Lithium Americas merger, could be a sign of things to come. Projections of lithium demand continue to increase...Read More
An Eagles song, “There’s a New Kid in Town. We’re looking for the K?ing, the New Messiah. We’re Following the Stars Shining Brighter.” Yes, there’s a new kid in town, following the stars shining brighter. The star is lithium, shining brighter, in Nevada. Dajin Resources Corp (“Dajin”) (TSX-V: DJI) (OTC: DJIFF), an early-stage lithium company, put out a stellar press release on August 13th. Hint: 4,000 feet (1,200 meters), remember those numbers....Read More
Sometimes good news hits the tape and investors ignore it. To be fair, investors in the TSXV have been pounded for nearly 4 years. Retail investors are now the experts, not sell-side analysts or newsletter writers who are forced to be bullish on paying customers! When a big shot like Rick Rule says that now is the time to buy, guess what? He’s not buying because he can’t build a large enough position in a $5-$25 million market cap company to move his needle. That’s actually good news for savvy retail investors like us, with several hundred thousands of dollars to play with, not several hundred millions....Read More
Lithium demand from Electric Vehicles, “EVs,” alone could grow 30% annually for years to come I’m on record as stating that demand for lithium will grow faster than most believe. Conventional wisdom seems to say that overall lithium demand will grow by 8%-12% annually. I understand why that range has been adopted, it’s already a fast growth rate by historical standards. Commodity and natural resource demand is frequently said to increase at, “the rate of GDP growth.” I wonder which country’s GDP rate is being referred to, hopefully not the U.S. A prime reason for my bullishness on lithium demand, with overall growth closer to 20% a year, is that Tesla is attracting A LOT of attention and competition. I will spare readers the obligatory rattling off a list of Tesla’s growing competition. But there’s much more to the story than Tesla....Read More
Conventional wisdom suggests that hard rock lithium mining occupies a much larger environmental footprint, takes a longer time from exploration to production and is more expensive than brine harvesting methodologies. This alone makes old fashioned hard rock mining less and less popular around the globe. Materials like lithium are undergoing a paradigm shift, (a well regarded infographic sponsored by Dajin Resources Corp. (DJI.V) (DJIFF), created by Visual Capitalist describes this topic in depth). The case in favor of hard rock mining in most extractive industries is crumbling...Read More
Vancouver-based Dajin Resources recently released lithium assay results from its Alkali Lake property in Esmeralda County, Nevada, showing promising concentrations of lithium. The company also owns acreage in the Teels Marsh region, in Mineral County. Dajin plans to recover the lithium using conventional methods, says president Brian Findlay....Read More
It is generally known to be true that battery use will drive lithium demand in the future. Even using a conservative and proven battery forecast does not alter this point, although some maybe surprised to see the growth in some other areas of lithium use, such as glass and ceramics. We would suggest that overall lithium demand will more than double from present levels through 2025....Read More
It all started with Tesla Motors’ (NASDAQ:TSLA) announcement of its battery gigafactory in February 2014. That news was discussed endlessly with breathless excitement. The news sparked a revival in lithium, cobalt and graphite juniors. For example, Western Lithium USA (TSX:WLC), based in Nevada, more than doubled that month. At the time, I wrote a few articles saying that the gigafactory was great news for select graphite companies. I didn’t mention lithium or cobalt, simply because I was less fluent in those...Read More
Tesla is already building a 5-million-square-foot battery factory. It's not big enough. That was the message from Tesla Chief Executive Officer Elon Musk this week while discussing, for the first time, the early response to his new product line of storage batteries designed for use in homes and businesses. The numbers are impressive. In the first few days of reservations since the battery announcement on April 30, Tesla took orders worth roughly $800 million in potential revenue, according to figures compiled by Bloomberg Business. ...Read More
Exclusive Interview with Dajin Resources CEO Brian Findlay: Accelerated Growth in Lithium-Ion Battery Market Creates Opportunity for Lithium Miners
Early adapters of new technologies propelling major economic revolutions are historically the ones that stand to benefit from it the most. The current revolution in lithium-ion batteries powered by expanding electric vehicle markets, and now a potentially robust market for home energy storage systems, has principally benefitted Elon Musk and anyone else who’s been holding Tesla (TSLA) since early 2013. The company's stock has gained almost 600% since that point....Read More
Dajin's President, Brian Findlay is interviewed by Dale Jackson on Money on the Mark. Joining them is Robert Mintak, the CEO and founding director of Pure Energy Minerals and Peter Epstein of Epstein Research and Former senior analyst at a multi-billion dollar hedge fund...Read More
Tesla just gave us its first look at a new stackable battery system to store electricity for homes, businesses and the grid. It’s a product that Tesla says will soon bring in billions in annual revenue. Here’s what Elon Musk revealed..Read More
Peter Epstein - In this article I present a bullish thesis on the demand for lithium, but not by naming the usual suspects of batteries & large scale grid storage. Please read this article and visit the websites of two of the companies mentioned herein...Read More
Nevada and South America certainly seem like the places to be when it comes to lithium production. However, while there are a number of companies with projects operating in one region or the other, a few are exposed to both...Read More
Lithium brine deposits typically outperform hard rock and clay lithium sources on cost, sustainability and permitting. This gap is becoming more pronounced when we take into account technological advancements in brine processing...Read More
The Clean Energy Ministerial’s Electric Vehicles Initiative (EVI) has released its Global EV Outlook 2015 on electric vehicles and charging infrastructure deployment between 2008 & 2014...Read More
Dajin's President, Brian Findlay is interviewed by Dale Jackson on Money on the Mark. Joining them is Simon Moores, the managing director of Benchmark Mineral Intelligence to provide independent analysis of the lithium industry...Read More
Freak storm in the world’s lithium hub, Chile’s Atacama Desert, is expected to cause short term shipment delays but no long term impact - Benchmark Mineral Intelligence...Read More
Elon Musk is in a class all by himself when it comes to teasing new products.....Read More
Historical evidence is mounting that TSX Venture Exchange has now hit bottom, and investors have a rare opportunity to create wealth by investing in good companies and catching a rising tide....Read More
Probably about 12,880,324 shares, worth some $2.8B today, yielding a 450x return on his investment...Read More
Seeo, a Hayward, California-based company that makes lithium polymer batteries, has closed a $17M round led by new investor Samsung Ventures, the investment arm of Samsung Group. Existing investors Khosla Ventures and GSR Ventures also participated. This brings the total Seeo has raised so far to $40.6 million..Read More
Ford To Make Electric Cars 'Attainable To The Masses;' CEO Denies Rumors Ford Is Interested In Tesla
Mark Fields, president and CEO of Ford Motor Company, said on Monday that it intends to mass-produce affordable electric vehicles. Fields, in an interview with Yahoo Finance, emphasized that Ford has the capability to make electric cars with a strategy different from that of Tesla Motors..Read More
All signs indicate that Buffett has once again found another wonderful business at a fair price.Read More
BMW unveils the BMW, i8 a high performance, luxury car that houses a fairly large lithium-ion battery without adding additional weight that would reduce performance.Read More
China now has a luxury electric car brand after $149 million bid for Fisker. China's Waxiang group has purchased Fisker and its 18 patents, including electric-vehicle drivetrain technology and Fisker's distinctive grille design.Read More