Talks are progressing between BYD Co. and South Africa over a possible investment by the Chinese electric vehicle manufacturer, a top government official said, although no specific time frame for the next steps has been agreed.
Pw:dr but great news if Africa can make an early switch to electric, makes perfect sense for them to avoid the international oil markets and expand solar development - they couldn’t be better placed for solar, especially if a Chinese solar firm builds a manufacturing plant somewhere powered by solar and a lithium battery factory - they already have the raw materials.
Though lithium production is likely to move to desalination so Saudia Arabia is going to have a big advantage. The UK would be in a great place to dominate the market via salt water lithium extraction powered by tidal array or barrage, but neither the prior or current government want to invest in the future sadly.
Pw:dr but great news if Africa can make an early switch to electric, makes perfect sense for them to avoid the international oil markets and expand solar development - they couldn’t be better placed for solar, especially if a Chinese solar firm builds a manufacturing plant somewhere powered by solar and a lithium battery factory - they already have the raw materials.
Though lithium production is likely to move to desalination so Saudia Arabia is going to have a big advantage. The UK would be in a great place to dominate the market via salt water lithium extraction powered by tidal array or barrage, but neither the prior or current government want to invest in the future sadly.