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

Green Car Congress

China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. With 4G handsets now representing 95% of domestic sales, market saturation has resulted in mobile phone sales through to July dropping by 5% year-to-date. Source: Fastmarkets.

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

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Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

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

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The Chinese EV battery manufacturer Contemporary Amperex Technology Ltd. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84 GWh in 2017—making it Nº 1 globally. GWh in 2017—making it Nº 1 globally.

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Volvo Cars aiming for 50% of sales to be fully electric by 2025

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Volvo Cars aims for fully electric cars to make up 50% of its sales by 2025, the company announced in Beijing. The announcement builds on Volvo Cars’ 2017 announcement that all new models released from 2019 will be available as either a mild-hybrid, plug-in hybrid or battery-electric vehicle. New Volvo XC40 T5 plug-in hybrid.

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GKN order book for electric driveline technologies totalled $2.8 billion by end of 2017

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billion) by the end of 2017 following a series of significant program wins with major global automakers. Sales, which were previously forecast to rise from £33 million (US$45.7 million) in 2017 to £200 million (US$277.1 In 2022, GKN forecasts that eDrive sales will reach £500 million (US$692.8 million).

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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. CATL develops battery systems for global customers in EV, HEV and PHEV applications; its sales of EV batteries amounted to 11.84 GWh in 2017—making it Nº 1 globally. GWh in 2017—making it Nº 1 globally.

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Chinese Joint Venture Will Begin Mass-Producing an Autonomous Electric Car

Cars That Think

In October, a startup called Jidu Automotive , backed by Chinese AI giant Baidu and Chinese carmaker Geely , officially released an autonomous electric car, the Robo-01 Lunar Edition. In 2023, the car will go on sale. And what features will Robo-01 use to keep drivers’ hands on the wheel, as required under current Chinese law?

Chinese 105