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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

Many market players look to Chinese lithium spot prices as a bellwether of market health and therefore the continued decline of lithium prices in China has put mounting pressure on the global lithium market, CRU says. Chinese EV sales through to July totalled 696,000 this year. Although this marks an impressive 41.5%

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An electric pickup from Nissan and Mitsubishi? Automakers team up to take on US market

Baua Electric

It could also expand Mitsubishi’s lineup with the midsize EV pickup buyers and dealers are asking for. Nissan and Mitsubishi have been intertwined since 2016. The automaker revealed its new “Arc” business plan this week, which aims to drive down costs and compete with Chinese EV makers and Tesla.

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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

Green Car Congress

Chinese EV sales through to July totalled 696,000 this year, an impressive 41.5% Many OEMs and dealers have engaged in huge marketing events for traditional cars and offered large discounts to consumers. CRU expects to see some marginal improvements on the demand side in the coming months, as Q4 is generally a busier buying season.

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2022 Chevrolet Bolt EUV: Chevy’s lowest-priced electric car gets a big brother

Charged EVs

Almost from the day the smaller Bolt EV started deliveries back in December 2016, owners started asking for more rear-seat room. That month, Chinese state media announced that the national government would ban the sale of vehicles with internal combustion engines—at some future date that wasn’t specified.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Consulting firm KPMG , for example, estimates that in addition to the 179 new battery EV model launches and refreshes between 2016 and 2020, at least another 251 are expected between 2021 and 2023 by traditional auto manufacturers, or original equipment manufacturers (OEMs) as they are referred to in the industry, as well as start-ups.