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

Green Car Congress

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. Source: Fastmarkets. Raw material oversupply.

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VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

The Vietnamese car company has only been around since 2017. It is now Vietnam’s largest corporate entity by far — with loads of global business partners, an insatiable appetite for growth, and serious political influence. But it has been building momentum quickly thanks to being a subsidiary of the multinational concomorate Vingroup.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. As of October 2017, 337,483 ZEVs have been sold in California. Price: The most expensive component of a ZEV is the battery.

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Don’t believe the haters: Why rumours of Tesla’s impending death have been greatly exaggerated

EV Central

In the past few months Tesla sales globally have dropped for the first time since 2020, the share price has taken a hit, revenue has fallen and the company has announced it is shedding 10 per cent of its work force. So what if the share price is down ? Besides, from a consumer perspective the share price is a moot point.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

This has happened just once in the past 15 years—in 2008, at the height of the global recession. Retail vehicle registrations have maintained volumes far better than wholesale vehicle sales, which may provide stronger guidance for dealer orders. million in 2018.

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Chevy Equinox diesel offers EPA-rated 39 mpg hwy; starts at $31,435

Green Car Congress

GM expects that number to top the segment in highway fuel economy, with greater highway mileage than the 2017 Toyota RAV4 hybrid (30 mpg) and Nissan Rogue hybrid (35 mpg FWD). —Dan Nicholson, vice president of Global Propulsion Systems. Tax, title, license and dealer fees extra. turbo-diesel engine. Earlier post.).

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Right on time! VinFast’s affordable range of electric cars are closer than ever to Aussie launch

EV Central

It would certainly create plenty of interest as VinFast’s range of electric SUVs would undoubtedly be pitched at a price that would make it a direct competitor for China’s BYD, GWM and MG. It opened and then shut an R&D centre in Port Melbourne staffed predominantly by ex-Holden engineers in 2019-2021.