Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

Market 195

Market Li-ion Battery Batteries 195

CleanTechnica EVs

MARCH 18, 2024

continued] The post EV Battery Prices Dropping A Lot This Year & Next appeared first on CleanTechnica. There are ups and downs. When adoption jumps up fast, those of us bullish on the.

Price 144

Price Battery Batteries Sale 144

Green Car Congress

DECEMBER 4, 2019

Battery prices, which were above $1,100 per kilowatt-hour in 2010, have fallen 87% in real terms to $156/kWh in 2019. By 2023, average prices will be close to $100/kWh, according to the latest forecast from research company BloombergNEF (BNEF). Annual lithium-ion battery market size. Source: BloombergNEF.

2019 243

2019 Price Li-ion 2018 243

Green Car Congress

NOVEMBER 25, 2020

In its new Lithium Outlook to 2030 report, Roskill notes that the prolonged downward trend for lithium compound and mineral concentrate prices has caused a difficult environment for many lithium producers since 2018. In 2019, monthly average lithium carbonate prices fell 36% between January and December. Source: Roskill.

Recharge 334

Recharge Li-ion Industrial Industry 334

Green Car Congress

APRIL 30, 2022

Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. Consultancy Rho Motion now forecasts Chinese EV sales of 5.6

Price 279

Price Chinese Sale Battery 279

Green Car Congress

MARCH 2, 2020

In a new report, “ Electric Vans 2020-2030 ”, UK-based IDTechEx forecasts that global production of electric LCVs will exceed 2.4 Forecast eLCV share of total global LCV market revenue. million units annually by 2030. Source: IDTechEx Electric Vans 2020-2030.

Global 259

Global Production North America 2020 259

Green Car Congress

JUNE 19, 2018

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF sees $1.3

Wind 220

Wind Solar Global Coal 220

Green Car Congress

APRIL 23, 2021

A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media auggests that concerns over EV battery supply to meet the escalation in demand poses serious risk to the growth of market share of electric vehicles, despite plans for 80 new global battery gigafactories.

Global 448

Global Battery Batteries North America 448

Teslarati

APRIL 10, 2024

BYD Chairman Wang Chuanfu forecasts falling profit margins in 2024 but remains confident that the company will maintain stable profitability. Wang predicted that the intensifying price war in China would result in falling profit margins for BYD. BYD sells pure battery electric vehicles (BEVs) and plug-in hybrids.

BYD 88

BYD Thailand Chinese China 88

Green Car Congress

AUGUST 5, 2023

Benchmark’s high case scenario forecasts that 7.0 TWh of batteries will be needed in 2030, compared to 3.9 With the amount of lithium production forecast by Benchmark for 2030, only 3.2 TWh of lithium ion batteries can be produced, highlighting that the mineral is a constraining factor. million EVs. TWh in the high case.

Industrial 369

Industrial Industry Lithium Ion General Motors 369

Green Car Congress

MARCH 12, 2012

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. Earlier post.).

Li-ion 324

Li-ion 2017 Price Battery 324

Baua Electric

APRIL 28, 2024

SK Innovation Co Ltd said on Monday its SK On battery-making unit is on target to breakeven in the second half of this year after it posted a forecast-beating operating profit in the first quarter, sending its shares up over 6.0%. That compared with an average analyst forecast of 466 billion won. rise as of 0336 GMT.

Auto 52

Auto Battery Batteries South Korea 52

Green Car Congress

MAY 14, 2022

Benchmark forecasts lithium demand in 2030 will reach 2.4 million tonnes more than the 600,000 tonnes of lithium Benchmark forecasts will be produced in 2022. Benchmark Lithium Price Index as of 22 April 2022. As such, Benchmark will now move from bi-monthly to weekly publication of its Chinese lithium prices.

Industrial 307

Industrial Industry Indonesia China 307

Green Car Congress

JULY 8, 2022

Battery-swapping technology aims to address the shortcomings of conductive fast-charging. NIO users have completed more than 10 million battery swaps, with the daily average exceeding 30,000 swaps. Although IDTechEx believes battery-swapping remains unlikely to thrive in the US, many Chinese OEMs are now entering the European market.

Asia 326

Asia Market Battery Batteries 326

Green Car Congress

APRIL 20, 2022

In its new Rare Earth Magnet Market Outlook to 2035 report, Adamas Intelligence forecasts that global demand for NdFeB magnets will increase at a CAGR of 8.6%, bolstered by double-digit growth from electric vehicle and wind power sectors. and prices projected to increase at CAGRs of 3.2% billion this year to US $46.2 billion by 2035.

Global 170

Global Supplies Wind Market 170

Baua Electric

MARCH 6, 2024

A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs. Stack of Rivian battery cells Goldman has lowered its forecast for growth in global battery demand in 2024 to 29% year-over-year from a previous projection of 35%.

Price 52

Price Sale Battery Batteries 52

Green Car Congress

MAY 20, 2013

Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. Batteries accounted for 27% of global lithium consumption in 2012, up from 15% in 2007 and 8% in 2002. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes.

Market 296

Market Chile Argentina Battery 296

Green Car Congress

JUNE 4, 2023

This was caused not only by a 45% price increase in 2022 and a subsequent correction, but also by worsening market fundamentals. At the same time, robust demand for nickel in alloys and special steel sectors supports prices of the exchange-traded Class 1 nickel. The forecast for nickel supply in 2023 is almost unchanged at 3.45

Market 304

Market Indonesia Russia Supplies 304

Green Car Congress

JANUARY 12, 2023

Euro Manganese has entered into an offtake term sheet with Verkor , a low-carbon battery manufacturer based in Grenoble, France, for the sale of high-purity manganese sulfate monohydrate (HPMSM) from the company’s Chvaletice Manganese Project in the Czech Republic. Earlier post.) The term sheet is non-binding.

Czech Republic 210

Czech Republic Battery Batteries Legal 210

Green Car Congress

SEPTEMBER 4, 2021

Thee is a growing disconnect between battery demand and raw material supply that could derail Europe’s and North America’s electrification plans, according to Benchmark Mineral Intelligence. Some investors may have been scared away by the previous low-price environment.

Supplies 225

Supplies North America Battery Batteries 225

Green Car Congress

JULY 1, 2021

Battery metal prices have recovered strongly in the first half of the year, incentivizing new projects to come online. China controls the battery chemical industry, with the biggest market share for all of the five main battery materials: lithium, nickel, manganese, cobalt and graphite.

Li-ion 300

Li-ion Battery Batteries South Africa 300

Green Car Congress

JULY 4, 2020

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

Battery 545

Battery Batteries Production Zambia 545

Green Car Congress

APRIL 29, 2023

This represents approximately 40% of forecast annual production of the NiWest Nickel-Cobalt Project in Western Australia. Pricing for the nickel and cobalt sulfate is linked to index prices. Stellantis N.V. In addition, Stellantis agreed to purchase €9.2 million (AUD15 million) in new equity in Alliance Nickel, giving it an 11.5%

Battery 259

Battery Batteries Australia Purchase 259

Green Car Congress

FEBRUARY 4, 2021

Further additions to lithium production capacity for mined and refined lithium products will be required to keep pace with demand growth, led by battery applications. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.

Industrial 337

Industrial Industry Lithium Ion Li-ion 337

Green Car Congress

SEPTEMBER 6, 2019

CRU analysts observe that lithium prices have steadily declined since the end of Q1, finally crashing through the $10/kg LCE mark at the end of July. While many are forecasting long-run prices for lithium in the mid-teens LCE, citing refinery bottlenecks and the potential for ramp-up delays in the mining and refining sector, CRU disagrees.

Price 252

Price Supplies Sale China 252

Green Car Congress

SEPTEMBER 6, 2023

Power has just introduced a new EV Retail Share Forecast, which captures granular EV sales, consideration, pricing, infrastructure growth and other census and demographic factors to project state-by-state EV adoption rates through 2035. Power EV Retail Share Forecast. Methodology. Power EV Index and the J.D.

South Dakota 370

South Dakota North Dakota Power Powered 370

CN EV Post

MAY 8, 2024

Unfortunately there is some truth in that.Hopefully he can eat some humble pie and improve their ability to forecast future sales. So far the 20,000 a month initially forecasted for the new brand isn’t a great start and likely will create a couple short millionaires.

Charging 84

Charging Battery Batteries Price 84

Green Car Congress

JANUARY 12, 2020

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. Source: Fastmarkets. Raw material oversupply.

Price 243

Price China Sale 2019 243

Teslarati

MAY 11, 2024

Ford has reportedly reduced its electric vehicle (EV) battery orders, as the company faces substantial losses on the technology and scales back its electrification plans. Ford is forecasting EV unit losses of as much as $5.5 The post Ford reducing battery orders as it loses over $100,000 per EV sold appeared first on TESLARATI.

Ford 125

Ford F-150 Battery Batteries 125

Green Car Congress

JUNE 22, 2018

The lithium-ion battery industry has been, and will continue to be, the main catalyst for growth; it accounted for close to 50% of consumption in 2017 and is expected to reach over 80% by 2027. Lithium carbonate remains the main lithium product used for batteries, forming more than 80% of consumption. New lithium operations.

Supplies 218

Supplies Li-ion Battery Batteries 218

Green Car Congress

MAY 18, 2018

Synthetic graphite electrode prices rose nine-fold through the first three quarters of 2017, increasing from US$1,748/t in January 2017 to a high of US$16,309/t in September, according to Roskill Information Services. Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018.

Price 207

Price Market Lithium Ion Battery 207

Green Car Congress

MAY 18, 2022

The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. Due to relative market weakness, European prices averaged $2.5

Market 293

Market Lithium Ion Congo Indonesia 293

Green Car Congress

JULY 6, 2017

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to a new forecast published by Bloomberg New Energy Finance (BNEF). This represents an aggressive jump compared to BNEF’s previous forecast of 35% EV new car market share by 2040.

PHEV 170

PHEV Sale Lithium Ion Cars 170

Teslarati

MAY 10, 2021

Tesla’s demand for automotive batteries has driven supplier Panasonic’s profitability forecast up 30% this year as the Japanese company looks to rebound from lockdowns and lackluster demand in 2020 caused by the coronavirus. Forecasts for Panasonic’s overall operating profit project 27.6% billion yen ($292.43

Tesla 145

Tesla 2020 Japan Battery 145

Green Car Congress

APRIL 18, 2023

Continued investment in China’s battery production scene is increasingly pushing its market into oversupply, putting strain on Tier 3 producers which are unable to access large global EV markets and are forced to compete in the saturated domestic space, according to Benchmark Mineral Intelligence.

Chinese 259

Chinese Lithium Ion China Global 259

Teslarati

SEPTEMBER 28, 2021

Johnson has been the most outspoken critic of the electric automaker for several years, holding extremely low price targets and never shying away from his very public sell rating. Earlier today, GLJ Research released its Q3 2021 delivery forecast at 223,000 vehicles, which is slightly above consensus estimates.

Norway 130

Norway Tesla Sale Battery 130

Green Car Congress

JUNE 26, 2023

It will sell the lithium spodumene concentrate to the JV at a “reduced rate” with a floor price of $3,000 a tonne and a ceiling price of $7,000 a tonne over the life of the current resource of the Wolfsberg mine. Spodumene prices are currently around $3,650 a tonne, according to Benchmark’s Lithium Price Assessment.

Saudi Arabia 170

Saudi Arabia Supplies Building Chevron 170