Toyota Goes Mining to Beat Chinese Auto Competitors to New Lithium Sources — Panjiva
Más

Supply Chain Research

Toyota Goes Mining to Beat Chinese Auto Competitors to New Lithium Sources

Argentina 57 Australia 124 Chile 102 China 2971 Cons. Discr. - Autos 1179 Materials - Metals/Mining 751 U.S. 5317

Electric vehicle roll-out plans were a major focus of the Detroit auto show, as expected, with $90 billion of investment commitments from the major manufacturers to bring models to market over the next five years. The challenge however lies in securing adequate supply chains. Toyota has taken a step in that direction with a $232 million in an Australian lithium miner. That puts it ahead of Chinese buyers, which have increased their imports by 112% in the past year and are dominant purchasers in Chile (which accounts for 61% of purchases) and Argentina (27%). The automakers also face supp...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.