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. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.

BYD 78

BYD Thailand Chinese China 78

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 Batteries 279

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

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

Teslarati

MARCH 29, 2024

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. The BYD Chairman also forecasted that exports would more than double to 500,000 units this year. In February, it slashed the prices of all its vehicles between 5% to 20%.

BYD 106

BYD Price Sale Vietnam 106

Green Car Congress

MARCH 14, 2023

IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The new report from IDTechEx assesses how these processes impact the final pricing of second-life BESS to be competitive with new Li-ion BESS. Currently, base station backup energy in China is the dominant market for second-life EV batteries.

Market 195

Market Li-ion Batteries Battery 195

Green Car Congress

DECEMBER 11, 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. million barrels per day next year, 280,000 barrels lower than its previous forecast and the lowest in 12 years. You start to price that in now.”.

Oil Prices 199

Oil Prices Oil 2015 Price 199

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

JUNE 19, 2018

BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. Production rose by 56 mtoe in China and 23 mtoe in the US. However, coal consumption was also up, growing for the first time since 2013.

Wind 220

Wind Solar Global Coal 220

Green Car Congress

JANUARY 23, 2021

China-based battery maker CATL (Contemporary Amperex Technology Co Ltd) and its subsidiary Shenzhen Dynanonic signed an agreement with Jiang’an county government (located in south-west China’s Sichuan province) to build a lithium iron phosphate (LFP) cathode materials plant with a production capacity of 80 tpy.

China 257

China Building Li-ion 2020 257

Green Car Congress

APRIL 18, 2023

Total Chinese Tier 3 production next year is forecast to be 2% larger than the demand for Tier 3 batteries globally. By 2026, Benchmark forecasts Tier 3 production to be 31% higher than demand, even accounting for producers using less of their installed capacity as a result.

Chinese 259

Chinese Lithium Ion China Global 259

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

CN EV Post

APRIL 3, 2023

Price wars have now become the consensus among investors, setting a relatively low bar for EV makers to beat. The underlying cause of sluggish auto sales in China can be mostly attributed to consumer sentiment. In addition, as automakers cut prices, consumers felt more compelled to wait for better deals, the team said.

China 134

China Auto Sale Price 134

Green Car Congress

SEPTEMBER 11, 2015

IHS revised downward its forecast for light vehicle sales in China, projecting a decline of 3 to 4 percent from previous estimates for 2015. IHS Automotive has reduced its full year 2015 light vehicle sales forecast for China to 23.4 percent, compared with its previous forecast of 4.4 percent year-over-year growth.

Light 150

Light 2016 2015 China 150

Green Car Congress

MARCH 12, 2012

billion by 2017, the market intelligence firm forecasts. billion and 28 million kWh market that Pike Research also forecasts by 2017. Reducing the installed price of EV batteries to $523 per kilowatt hour in 2017 will be a critical step towards making PEVs cost-competitive with petroleum-powered vehicles. —John Gartner. (In

Li-ion 324

Li-ion 2017 Price Batteries 324

Cars That Think

MARCH 16, 2024

China, for one, is expected to meet its own 2030 EV adoption target: 40 percent of vehicles sold. By decade’s end, China is expected to be selling only EVs in regions like the island province of Hainan. According to the WRI’s analysis, above, Iceland, Sweden, the Netherlands, and China are the leading EV adopters after Norway.

Norway 95

Norway China Iceland Canada 95

Green Car Congress

JANUARY 16, 2022

Eight dump trucks that were deployed under trial leases in Foshan, a UN Hydrogen Demonstration City in China, are not included in the 87 vehicle deliveries. Hyzon Motors reported that it delivered 87 fuel-cell-powered heavy-duty vehicles in 2021 under commercial sales agreements.

Fuel 334

Fuel Vehicles Asia Hydrogen 334

CN EV Post

APRIL 17, 2023

NIO (NYSE: NIO) is confident it will see sales double this year, despite a rare price war that disrupted the Chinese auto industry in the first quarter. The price war has had a big impact on the auto industry, and NIO will not follow suit. percent year-on-year and 23.6 percent year-on-year and 23.6 percent from February.

Price 145

Price Sale Auto Industry China 145

Green Car Congress

MARCH 14, 2023

Most US petrochemical cracking capacity built after 2012 can use only ethane as a feedstock, meaning high ethane prices can reduce ethylene production. Ethane prices nearly doubled during the first six months of 2022, from approximately 37 cents/gallon (gal), or $5.65 million b/d in 2022, reaching a peak of almost 2.2

Pennsylvania 195

Pennsylvania China Financing United States 195

Green Car Congress

FEBRUARY 26, 2014

This year’s projected revenue growth improves on the already strong 10% rise of the China automotive chip market in 2013, and three more years of similar notable increases will take place. China continues to be a place of rising automobile production and shipments. —Alex Liu, analyst for China research at IHS.

China 199

China 2014 Market South Korea 199

Green Car Congress

MAY 20, 2013

In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

Market 296

Market Chile Argentina Batteries 296

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

Green Car Congress

NOVEMBER 8, 2016

In its new rare earths market report with forecasts out to 2026, Roskill, a leader in international metals and minerals research, observes that the permanent magnet and catalyst sectors will continue to provide the largest markets for rare earths in the next ten years to 2026. Lanthanum and cerium prices will be limited by surplus supply.

Supplies 186

Supplies Chinese 2016 Wind 186

Baua Electric

JULY 25, 2023

billion) within the first part of the date and showed its forecast for the second one part in spite of a “tense” world financial condition. 43 billion euros on 15 % extra deliveries, signaling a cure from the dent to output in the similar length closing date led to partly via lockdowns in China. 85 billion euros ($4.25

Porsche 52

Porsche Cayenne Price Parts 52

Green Car Congress

FEBRUARY 18, 2018

Xinhua reports that China’s State Administration of Grain (SAG) said that China will expand production and consumption of bioethanol fuel this year as the country seeks more channels to use corn and grain stockpiles. China’s end-of-year corn stock estimates (2017/2018 values forecasted). Source: USDA FAS.

China 186

China 2020 Production 2017 186

Green Car Congress

NOVEMBER 5, 2014

In a new report , Navigant Research forecasts that global annual sales of e-bicycles will grow modestly from 31.7 Navigant expects China, the market leader, to reach 28.8 Navigant expects China, the market leader, to reach 28.8 In 2023, Navigant expects China to have 85% of the total market. million units in 2014 to 40.3

Global 281

Global North America Sale Li-ion 281

Teslarati

MARCH 28, 2024

He predicts a demand issue after a “nightmare” quarter for Tesla China. Ives forecasts that Tesla will report a delivery between 425,000 and 475,000 units in the first quarter. 1Q has been a nightmare quarter for Tesla as China demand remains very soft. Last month, Tesla China sold approximately 60,365 units, representing an 18.8%

Nevada 103

Nevada China Tesla Price 103

Green Car Congress

FEBRUARY 4, 2021

Falling sales in H2 2019 in China, the largest market for EVs, and a global reduction in sales caused by lockdowns related to the COVID-19 pandemic in H1 2020 slowed lithium demand growth, impacting demand from both battery and industrial applications.

Industrial 337

Industrial Industry Lithium Ion Li-ion 337

Green Car Congress

JANUARY 9, 2015

2015 forecast share by region. In its latest Global Auto Report , Scotiabank forecasts record global car sales in 2015, with the total market advancing 4% over 2014, reaching more than 74 million units. Global growth will mainly be driven by China, where Scotiabank expects auto demand to grow 7% in 2015 to 19.36 million to 17.0

2015 150

2015 Global Auto Peru 150

Green Car Congress

DECEMBER 21, 2012

Pike Research has published an update to its earlier forecasts on xEVs: hybrid (HEVs); plug-in hybrid (PHEVs); and battery electric vehicles (BEVs). As a result of new assumptions, Pike Research has slightly reduced its forecasts for plug-in vehicles (PEVs: PHEVs and BEVs combined) from past forecasts. Petroleum Fuel Prices.

Market 268

Market North America PHEV Ford 268

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 143

Tesla 2020 Japan Batteries 143

Green Car Congress

JUNE 20, 2013

In a new report , Navigant Research forecasts that the number of natural gas vehicles (NGVs) on roads worldwide will reach 34.9 The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Forecasts Natural Gas'

2020 321

2020 Gas Fleet North America 321

CN EV Post

APRIL 24, 2023

The years 2023-2025 for China's smart EV market will be like the last three years of World War II in history from 1943-1945, said Li Xiang. Li Xiang, founder, chairman and CEO of Li Auto (NASDAQ: LI), predicted a month ago that China's new energy vehicle (NEV) penetration rate would reach 70 percent by the fourth quarter of 2025.

Auto 132

Auto China Sale Extended Range 132

Teslarati

SEPTEMBER 17, 2021

Tesla’s ( NASDAQ: TSLA ) delivery forecast is set to surge by one-third in 2022 from 2021, according to a new investor note from Wedbush analyst Dan Ives. Tesla Model 3 production line in Gigafactory 3, Shanghai, China. He holds a Buy rating on Tesla with a price target of $1,000. Credit: Tesla).

Tesla 145

Tesla 2020 Auto Auto Industry 145

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

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 Batteries 207

Green Car Congress

AUGUST 4, 2023

The IDTechEx report “ Electric Boats & Ships 2024-2044 ” provides granular 20-year forecasts in unit sales, battery demand (GWh) & battery market value ($ billion) for electric ferry, electric cargo/container, electric Ro-Ro, electric cruise, electric OSV, electric tugboat and electric recreational boats by power class ( 25kW).

Industrial 195

Industrial Industry Future Hybrid 195