India has announced its first significant discovery of reserves of lithium, according to a recent report by BBC. According to information, 5.9 million tonnes of lithium which is a rare element crucial for manufacturing electric vehicles had been discovered in Jammu and Kashmir.

The post India Announces First Significant Discovery of Lithium Reserves in Jammu & Kashmir first appeared on CarSpiritPK and is written by UsmanAnsari.

Chile has granted a lithium extraction contract to BYD of China, bypassing two of the world’s largest producers, US Albemarle, which produces 19% of global lithium, and Chile’s SQM, which extracts 17%.

The post BYD Wins Chile Lithium Extraction Contract for $61 Million first appeared on CarSpiritPK and is written by UsmanAnsari.