Get Electric Vehicle
AUGUST 22, 2021
The price of the lithium-ion batteries used in the EVs is the main culprit for the high initial cost of any electric vehicle in any part of the world. Around 70% of the price of an electric scooter is accounted for batteries and when we take the case of India, almost all the batteries used in electric vehicles in India are imported.
Green Car Congress
MAY 18, 2022
The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. below Chinese metal in 2021, with the discount persisting since mid-2020.
Green Car Congress
SEPTEMBER 2, 2020
Traction batteries and motors in electric vehicles (EVs) are very different than the powertrain components of the internal-combustion engine vehicles they replace. It is also a very expensive material with its supply and mining confined to a large majority in China and the Democratic Republic of Congo.
Baua Electric
JANUARY 4, 2024
Chinese metal producer CMOC Group said on Thursday its cobalt production last year jumped 174% to 55,526 metric tons. CMOC is among the Chinese-owned companies aggressively expanding cobalt mining in the Democratic Republic of Congo (DRC). That could make the company the world’s No.1 1 cobalt producer, it added.
Green Car Congress
OCTOBER 27, 2017
Cobalt is one of the key components in production of electrified vehicles and is used in significant quantities in high-voltage batteries for electric vehicles and plug-in hybrids. The study is specifically evaluating whether local model projects could be implemented with the potential for scalability at a later date.
Baua Electric
APRIL 29, 2023
Canadian Prime Minister Justin Trudeau on Friday suggested that China uses slave labor in the production of lithium as he discussed Canada’s efforts to ramp up production of the critical metal used in electric vehicle and other batteries. Last year, a U.S.
Cars That Think
APRIL 25, 2022
VW, despite its EVs outselling Tesla in Europe, is under intense competitive pressure from Tesla, and in the Chinese market where VW underperforms. Cobalt production is also dominated by the Democratic Republic of Congo , which is linked to child labor in mines and other human rights abuses. Low-cobalt batteries have been the response.
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