The Government presents next week the bill of sustainable mobility

The project includes “Tax benefits and incentives for those who buy electric cars and it will surely have a strong impact on the renewal of the public transport fleet”, pointed out from the Ministry of Productive Development.

“Although in the electric cars chapter the renewal of the current vehicle fleet will not be immediate, we are optimistic in the case of public transport, which will benefit the environment for large cities”, remarked official sources.

In this sense, emphasis was placed on concrete results such as “the development of the lithium chain, particularly for the manufacture of batteries.”

This future electromobility regime will offer fiscal and tax incentives to promote investment, as well as for the acquisition of electric vehicles with the central requirement that they have components manufactured in the country to enhance the value chain.

All relevant players in the mining sector are attentive to this bill, since there is at stake “Investment projects in the order of US $ 900 million for the next 5 to 7 years.”

With the law to promote the use of sustainable mobility in full force, “A significant wave of domestic and foreign investment is expected in the automotive terminal sector”In both existing and new ones, since all of them globally have projects underway for models with electric motors.

But investments are also expected from companies that can be called electro-autoparts and manufacturers of auxiliary equipment, such as chargers, in micromobility, which represents a new and very interesting sector for medium and small investments.

There will also be room, as stated in official offices, for the retrofits (modernization of equipment and machinery) and conversions to new technologies, and also other initiatives related to fuel cells or LPG.

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Y-TEC’s experimental laboratory to manufacture lithium batteries. YPF announced the creation of YPF Litio SA, which will build a similar one, but on a larger scale to produce the first national batteries.

YPF

This whole perspective of industrialization is based on Argentina’s capacity for natural resources, the experience of a relevant chemical industry in Latin America, the automotive trajectory with an advanced auto parts chain, and a science and technology network with the capacity to make contributions. important.

It was also highlighted that since the national government made public its strategic vision of developing the industrialization of its natural resources such as lithium, several investors expressed their interest in visualizing the South American market as the source of this technological transition to electromobility.

Lithium has been extracted in the country since 1997, and since then there has been concern that this activity does not remain in the scope of primary mining activity, that is, only extractive, although there is an industrial process at the foot of the mine that leads to converting the brine from the salt in some industrial grade compound.

The sector explained that the industrial and technological path of lithium is very complex and requires knowledge, techniques, capital and technical and human resources, many of which Argentina has, but not in sufficient quantity.

In this scenario, the goal is “Create the first comprehensive production enclave in South America, which serves as a platform for the country and for exporting to neighboring countries, which are already making progress in integrating vehicles with lithium batteries into their fleet.”

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Y-TEC lithium battery cells.

Ambit

“The bet is that Argentina is the first continental manufacturer of this complex, which will constitute a unique opportunity”, they predicted, referring to an industrialization chain that includes, but goes beyond the desire to manufacture lithium batteries in the country.

It is that Argentina has the second largest identified lithium resources in the world (only behind Bolivia) and the third largest amount of commercially viable lithium reserves behind Chile and Australia.