6 sep 17
Fil d'Actus

Chinese group proposes EV production in Chile

One of China's leading electric vehicle manufacturers is discussing EV production with Chile's economic development agency Corfo.
Junli Cui, CEO of the Baic Group, is talking with Corfo VP Eduardo Bitran (pictured) about a proposal which calls for lithium industry investments and the building of an electric vehicle factory in Chile.

The plan involves using environmentally friendly technologies for lithium extraction and the production of batteries and advanced energy storage systems to be used in collaboration with the manufacturing of electric vehicles, Chilean news service LaTercera reported.
The Baic group's proposal could be a real milestone in industrial development in Chile as it also entails a strong component for education, training, research, and development.

During a meeting held on August 31, other companies participating in the talks with Corfo were JLD New Energy Technology, China Commodities and Technology Company, and the World Capital Corporation, the report said.
Meanwhile, Corfu is seeking lithium industry experts to prepare a plan which involves manufacturing cathodes with a preferential lithium price. A total of seven companies have been shortlisted and they have until December 1 to present pre-feasibility studies.

The Baic group, which already does business with Germany's Daimler and Korea's Hyundai, is one of the 15 largest automotive companies in the world.

PIcture source: Corfo

Authored by: Daniel Bland