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LME copper prices hit 7-year high

Green Car Congress

On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper prices plunged 27% to a low of US$4,617/t in late March as the global impact of COVID-19 became apparent, but copper stabilized and then began to rise, completing a full recovery to its January starting point by the end of July.

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EIA: US average gasoline prices before Memorial Day highest since 2014

Green Car Congress

The average retail price for regular gasoline in the United States on 24 May, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update. gal for several weeks.

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IDTechEx: despite efforts to reduces rare-earth use, percentage of permanent magnet-based EV motors rising

Green Car Congress

While there has been much publicity and technical development towards rare-earth reduction in vehicle motors, in practice the market is seeing an increase in the number of permanent magnet motors. China accounts for the vast majority of rare-earth production worldwide and this has, in the past, led to huge price volatility.

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Tesla signs 2-year, $2.9B order with South Korea’s L&F for high-nickel cathode materials

Green Car Congress

The value of the deal is calculated on the basis of L&F’s recent cathode sales price, and may change depending upon fluctuations in lithium pricing. L&F was founded in July 2000 to produce LCD back lighting units. L&F also supplies LG Energy Solutions among other battery makers.

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Hagerty's 2024 Bull Market List Has a Few Surprises

The Truth About Cars

Hagerty recently released the seventh installment of its annual Bull Market List , and while this year’s picks are mostly predictable, there are a few interesting surprises. The Pajero Evo is a cool choice as this year’s lone JDM entry, but it’s been aggressively climbing in price for a while now.

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Saudi Arabia And Iran Reignite The Oil Price War

Green Car Congress

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. a barrel above the Dubai/Oman average , used for pricing oil to Asia.

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Ola electric announces price drop for its S1 Pro

Electric Vehicles India

Ola S1 Pro is now available at Rs 1,24,999, a reduction from its earlier price. Ola Electric’s CEO, Mr. Bhavish Aggarwal, on Friday tweeted that the beginning price for the Ola S1 Pro has been reduced to 1,24,999. Emotions of our leadership team right after we announced the price drop. Friday EOD. Get up to Rs.

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