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Benchmark Mineral Intelligence: global battery gigafactory pipeline tops 300; China dominates

Green Car Congress

Joint ventures between automakers and battery companies have been central to this growth. In September 2019, just one of the five North American gigafactories tracked by Benchmark directly involved an automaker: Tesla’s Gigafactory 1 in Nevada. Europe has increased its pipeline by eight gigafactories over the same period.

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Shanghai Metals Market data pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. Source: Trading Economics. Earlier post.). Source: Statista.

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CATL teases Tesla batteries for robotaxi fleet

Teslarati

Tesla will use idle equipment from Chinese supplier CATL at Gigafactory Nevada. He confirmed that CATL will supply battery machinery to Tesla Giga Nevada last month. The expansion will add 4 million square feet of manufacturing space to Giga Nevada.

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

Teslarati

The current political climate between the United States and China discourages Chinese battery suppliers like CATL from distributing their oversupply of batteries to the US. In our view, this will require a degree of ‘westernization’ of Chinese tech to be palatable in the US given the rising protectionist sentiment (both in the US and Europe).

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Tesla could have its key to cheaper EVs as soon as this year thanks to Panasonic

Teslarati

Tesla and Panasonic have worked together for years, jointly operating the Gigafactory Nevada facility together and working cohesively as a unit to push EV efforts forward. But Panasonic is revolutionizing its trusty 2170 and 4680 battery cells that Tesla has used for the Model 3 and Model Y for years.

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Slowing EV uptake may delay Panasonic’s EV battery expansion, says CEO – ET Auto

Baua Electric

The company will decide investments based on commitments it gets from automakers, Kusumi said, adding that it was assessing mid- to long-term market demand. It would probably take a while for the company to make a decision, Kusumi said. A slowdown in the take-up of electric vehicles in the U.S.

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Tesla to bring LFP battery supply chain to US – Bloomberg News – ET Auto

Baua Electric

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. Tesla, Nevada Economic Development Bureau and CATL did not immediately respond to Reuters requests for comment.