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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

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IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. Source: ACEM, IDTechEx.

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CATL to build battery production base in Guangdong; US$1.9B, 25 GWh in first phase, 150 GWh by end of 2030

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The first phase is planned to build a designed production capacity of 25GWh and an investment of 12 billion yuan (US$1.9 The latest announced investments come on top of plans CATL unveiled last year to increase capacity at a cost of up to 65 billion yuan (US$10 billion). The new announcements will add to this total.

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Chinese steel group Tsingshan investing $375M to build lithium plant in Argentina with Eramet

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China’s Tsingshan , the world’s largest producer of stainless steel, will invest $375 million to build a lithium plant in Argentina with French multinational mining and metallurgy company Eramet. The competitiveness of the Eramet DLE process ranks it in the first quartile of the cash cost curve of the lithium industry (cash cost of c.$3,500/t

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GM and POSCO Chemical to build new N America factory to process cathode active material for Ultium batteries

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The joint venture will process Cathode Active Material (CAM), a key battery material that represents about 40% of the cost of a battery cell. Our work with POSCO Chemical is a key part of our strategy to rapidly scale US EV production and drive innovation in battery performance, quality and cost.

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BNEF: EV sales to fall 18% in 2020, overall car market by 23% in response to health and economic crisis

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BloombergNEF (BNEF) forecasts that sales of electric passenger vehicles will fall 18% in 2020 to 1.7 The COVID-19 pandemic is set to cause a major downturn in global auto sales in 2020. Electric models are seen accounting for 3% of global car sales in 2020, rising to 7% in 2023, at some 5.4 to global electricity demand by 2040.

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India adopts National Electric Mobility Mission Plan 2020; 6-7M electrified vehicles by 2020, total investment up to $4.1B

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India’s National Council for Electric Mobility (NCEM) has adopted the National Electric Mobility Mission Plan 2020 (NEMMP 2020), which is the mission document for National Mission for Electric Mobility (NMEM). million tonnes to be achieved in 2020. million tonnes to be achieved in 2020. billion) over the next 5-6 years.

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Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

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This analysis builds on a previous comprehensive life cycle analysis, updating that study’s 2016 assumptions and methods. The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions.

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