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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

Green Car Congress

Weaker-than-expected demand in China is partly responsible, but the main driver has been the ongoing avalanche of new supply into the market, as plentiful cheap spodumene meets ample conversional capacity in China, the CRU analysts said. Portable electronics have long been the mainstay of lithium demand.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

In a flurry of electric vehicle activity, three back-to-back announcements this week have placed a spotlight on Oregon’s plans to be the friendliest state in the nation in which to build, sell and buy electric cars. According to Nissan, the company plans to introduce its upcoming electric car in Oregon in late 2010.

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

MidAmericans David Sokol, BYDs Wang, and company advisor Li Lu flew with Sokol from Detroit to Omaha so that Wang could meet Buffett in person. More from Fortune No party for Citis owners: You and me Is it time to buy American Express? Berkshire Hathaway first tried to buy 25% of BYD, but Wang turned down the offer.

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