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GlobalData: growing global electric vehicle market will more than double lithium demand over the next 5 years

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According to GlobalData, the global EV market is expected to grow at a substantial CAGR of 15.6% The company projects that China will lead the global EV market with more than 50% share and grow three times as fast as the US over the next five years. of global sales, followed by Germany (4.8%) and the UK (4.1%). In 2017, 1.1

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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The outbreak of COVID-19 has already impacted the automotive industry significantly, according to JATO Dynamics, a leading provider of global automotive data and insight. Global vehicle sales totalled 5.55 —Felipe Munoz, JATO’s global analyst. Indeed, the BEV figures were only 10,000 units less than the hybrids.

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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Monotonic growth in global demand for critical metals to 2050 is the most prevalent trend. —Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. Zhang et al.

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. In addition, in the period to 2017 Roskill forecasts that the main market driver for lithium-ion batteries will gradually switch from portable consumer electronics to electric vehicles, especially hybrid variants.

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Nissan to launch 3 new EVs and 5 new e-POWER models in Japan by FY2022; 100K LEAFs sold in Japan

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—Daniele Schillaci, Nissan’s executive vice president for global marketing and sales, zero-emission vehicles and the battery business and chairman of the Management Committee for Japan/Asia & Oceania. The company expects to sell 1 million electrified vehicles (e-POWER and EVs) globally per year by the end of the plan.

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Toyota digs for Lithium

Revenge of the Electric Car

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters.

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

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Most of the world’s lithium comes from Argentina, Chile, Bolivia, Australia and China, but American resources being developed by new entrants into this market have set up the state of Nevada to become the key venue and proving ground for game-changing trade in this everyday mineral.

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