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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

Tesla is poised to benefit from rapidly dropping lithium prices, particularly in China, where the automaker produces nearly half of its vehicles. None of the modern batteries that make electric vehicles possible could exist without lithium. Several factors have likely helped push Chinese lithium to its meager price.

Price 142
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Europe may slap retroactive tariffs on Chinese EVs

Baua Electric

Possible “remedies” on the table include retroactive tariffs on Chinese EVs. Back in October 2023, Europe launched its formal investigation into the Chinese EV industry, as European companies are struggling to compete with the cheap, high-tech Chinese imports, made by low-cost labor, entering the European Union.

Chinese 52
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BYD plans to launch Tesla Cybertruck competitor in 2024

Teslarati

According to the Chinese company’s announcement, it has developed a midsize-to-large pickup truck for the global market. However, it did not disclose price estimates or other details about the all-electric pickup truck’s design. As of Q1 2024, Tesla beat BYD in pure battery electric vehicle (BEV) deliveries.

BYD 102
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Uruguay launches first BYD battery-electric buses; projecting 500 by 2015

Green Car Congress

in partnership with Chinese automaker BYD Ltd, introduced the first battery-electric 12-meter rapid transit bus in Uruguay and the region. The BYD battery technology also allows for a full charge in less than 5 hours. The bus can be charged overnight, while the electricity pricing is lower. Buquebus and CTS Auto S.A.,

Uruguay 326
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Cheaper EVs are starting to show up in smaller global markets – Charged EVs

Baua Electric

Media coverage of EVs tends to focus on the world’s largest auto markets: North America, Europe and Asia. Chinese automakers, which now have a range of lower-priced EVs to sell, are heavily targeting these markets. BYD is not the only Chinese automaker targeting developing markets. The JAC E10X sports a 31.4

Market 52
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BYD to slash EV prices even more with new platform as it looks to crush ICE car sales

Baua Electric

BYD launched a price war on ICE vehicles last month with the new Qin Plus EV and PHEV models. kWh battery packs for up to 261 mi (420 km) or 316 mi (510 km) CLTC range, respectively. Most recently, BYD revealed its cheapest EV yet, the new Seagull EV (Honor Edition), starting at a “shocking price” of $9,700 (69,800 yuan).

BYD 52
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Roskill: record cobalt deals in Q1 2018 show raw material procurement for Li-ion batteries revving up

Green Car Congress

There is now a significant wave of interest in battery raw material supply security, mainly from Asia, to underpin the growth of Li-ion battery production over the next decade. The year 2017 saw deals between Great Wall and Pilbara Minerals, and Ganfeng Lithium’s US$172-million financing of Lithium Americas.

Li-ion 150