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

Green Car Congress

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.

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Battery revolution! Has Stellantis cracked the code for super-cheap EVs that will undercut ICE?

EV Central

The global auto giant Stellantis has done a deal with a French battery-maker to secure fresh sodium-ion battery technology for its future EVs that could see electric cars finally undercut petrol cars on purchase price. Has Stellantis cracked the code for super-cheap EVs that will undercut ICE? The post Battery revolution!

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Looking to get in a hybrid for cheap? Used Toyota Prius 1.5 HSD 2004-2009 Review

Green Car Congress

I knew I wanted something for her that was cheap to maintain, had a reliable automatic transmission, came with cruise control, AC. The drive went well, there were some minor things the car needed but it had a full service history and when I asked for a 500-dollar-lower asking price than list price, the seller accepted.

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

As nickel is used in the production of EV batteries, any sanctions placed on Russian nickel will cause EV manufacturing prices to increase further, threatening adoption and decarbonization. The evolving situation in Russia and Ukraine has already caused unprecedented increases in the price of nickel.

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Gas War: Biden Admin Decides Against Refilling Dwindling Oil Reserves, Citing High Prices

The Truth About Cars

The Biden administration has decided against purchasing oil for the Strategic Petroleum Reserve after promising to refill the nation’s emergency energy supply after it reached a 40-year low. This news does not bode well as we head into the summer months when fuel prices tend to be higher. We will continue to monitor market dynamics.”

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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

This is equivalent to gas priced at $6-12/MMBtu, making it competitive with current natural gas prices in Brazil, China, India, Germany and Scandinavia on an energy-equivalent basis. Renewable hydrogen can be made by splitting water into hydrogen and oxygen, using electricity generated by cheap wind or solar power.

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Comment on Nio, EV-Tech sign deal on parts for high-voltage system by nov22

CN EV Post

Li Auto's EREV was cost efficient than BEV because EREV was standing on the legacy of ICE supply chain. There are enough cheap and reliable OEM suppliers in ICE supply chain. Moving into BEV domain, Li Auto's inevitablely price its MEGA over 500k RMB, way above Xpeng's X9, because Li Auto was new to the BEV supply chain.

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