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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

Green Car Congress

Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. Lithium demand by application in 2019. Source: Roskill.

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IDTechEx: Nio spearheading battery swapping expansion beyond China

Green Car Congress

There are also other companies in China that offer models with battery swap support, but for the taxi market. Nio has 1071 swap stations in China as of August 2022 but is gearing up to expand its sales and swap station facilities across Europe. Swapping to become more efficient by using smaller batteries.

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Volvo Cars all-electric sales climb to 19% of all sales in February

Green Car Congress

The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. Sales of Volvo Cars’ Recharge models made up 40% of all Volvo cars sold globally during the month. The share of Recharge cars reached 29% during the month, with all-electrics accounting for 11.4% (973 units).

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Volvo Cars global sales up 31% in May; fully electric cars up 196%

Green Car Congress

Figures from May 2022 were negatively affected by lower production due to last year’s supply chain constraints. Sales of Volvo Cars´ Recharge models of fully electric and plug-in hybrid cars increased by 55% in May, accounting for 40% of all Volvo cars sold globally during the month. US sales grew by 14% in May to 10,723 cars.

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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electric car, the XC40 Recharge P8, later this year. Volvo XC40 Recharge powertrain. The XC40 Recharge P8 is the first of a family of fully electric Volvos.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

That’s been the thinking of leaders from developed countries, who’ve been seeking ways to China-proof the market for lithium , the light metal that’s essential for high-performance rechargeable power packs. It’s not hard to see why China has a decisive advantage here. billion) into a financing facility to support exports.

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