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Benchmark launches Li-ion Battery Raw Material Price Index

Green Car Congress

Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. The index is published every month for the following lithium ion battery chemistries: NCM High-Nickel (8 and 9 series blends, e.g. NCM 811, NCM 9). NCM Mid-Nickel (5, 6, and 7 series blends, e.g., NCM 523, NCM 622).

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Government of Canada, Québec invest in GM-POSCO CAM plant in Québec

Green Car Congress

CAM are key battery materials that consist of components such as processed nickel, lithium and other materials that make up about 40% of the cost of a battery. The project was first announced in March 2022 to supply General Motors’ fast-expanding battery production in North America.

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GM signs major Li-ion supply chain agreements: CAM with LG Chem and lithium hydroxide with Livent

Green Car Congress

General Motors announced two major Li-ion battery supply chain agreements, one with LG Chem for cathode active material (CAM), and one with Livent for the supply of battery-grade lithium hydroxide. Livent will provide battery-grade lithium hydroxide to GM over a six-year period beginning in 2025.

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The Importance of Recycling and Repurposing EV Batteries

Setec Powerr

However, this shift introduces a new challenge: the recycling of EV batteries. These batteries, essential to the operation of EVs, eventually reach the end of their life cycle. This duration is influenced by several factors: Battery Type: Different battery chemistries have varying lifespans.

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This is Volkswagen’s Brilliant Strategy To Dominate The EV Market!

Get Electric Vehicle

Model T was a game-changer for the American automotive industry. The story of Tesla’s Model S also is the same they have revolutionized the electric vehicle industry and the way we look at electric cars. One-third of the cost of an electric car goes to its batteries. Why Electric Cars Are Expensive ? The Action Plan.

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