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Roskill: Yahua-Tesla deal indicative of increasing capability and numbers of Chinese lithium convertors

Green Car Congress

On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. The total value of the contract is reported to be US$630-880 million, with Yahua Lithium to provide battery-grade lithium hydroxide to Tesla from 2021 to 2025.

Chinese 305
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

Green Car Congress

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The project agreement between CATL and the Free State of Thuringia was signed on Monday in the framework of the German-Chinese intergovernmental consultations in the Federal Chancellery in Berlin. European knowledge in battery manufacturing.

Germany 170
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Chinese EV battery manufacturer CATL building plant in Germany; 14 GWh capacity, €240M investment by 2022

Green Car Congress

The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. The project agreement between CATL and the Free State of Thuringia was signed on Monday in the framework of the German-Chinese intergovernmental consultations in the Federal Chancellery in Berlin. European knowledge in battery manufacturing.

Germany 150
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Roskill forecasts demand for neodymium for magnets to result in supply deficit; substitutions by 2021

Green Car Congress

However, Roskill also projects that, driven by rapidly increasing demand for neodymium-iron-boron (NdFeB) magnets (used in traction motors among other applications), neodymium will fall into deficit in 2016, although demand will initially be met by the drawdown of stocks. Lanthanum and cerium prices will be limited by surplus supply.

Supplies 186
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BMW Group enters long-term €2B supply contract with Northvolt for battery cells from Europe

Green Car Congress

The BMW Group has signed a long-term supply contract worth €2 billion for battery cells with the Swedish company Northvolt. That is why we now have a contractual agreement with our cell manufacturers that they will only use green power to produce our fifth-generation battery cells.

BMW 239
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Chinese language automakers to take hold of majority percentage of home gross sales for first week, forecast says

Baua Electric

China’s marketplace for what it screams “new energy vehicles” (NEVs), together with plug-in hybrids and natural electrics, has benefited from the an identical of $57 billion in subsidies from the federal government all over 2016 to 2022, the consultancy mentioned. That will give Chinese language manufacturers 30 p.c

Chinese 52
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Li-ion maker Boston Power secures US$290M from two local Chinese governments for expansion

Green Car Congress

The company’s Liyang facility will receive a total investment of $160 million, increasing its manufacturing capacity fivefold by 2016. The company’s Tianjin facility will grow its capacity to 4GW by 2017, and is expected to reach 8 GWh in manufacturing capacity by 2018. —Sonny Wu, chairman of Boston Power.

Boston 218