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Benchmark: China will increase share of global cathode production to 87% in 2030

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Data from Benchmark Mineral Intelligence’s Cathode Forecast shows that China is set to extend its dominance of cathode production by 2030, increasing its share of production from 78% in 2022 to 87% in 2030. China’s output of cathode active materials increased more than four times between 2018 and 2022. times in the same period.

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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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Since 2018, Bosch has won electromobility orders amounting to ~€13 billion

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Since the beginning of 2018, Bosch has won electromobility orders worth roughly €13 billion (US$14.4 The Mobility Solutions business sector is again developing better than global automotive production in 2019. billion), including production projects for electrical powertrains for passenger cars and light trucks. Earlier post.).

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GKN Driveline China JV expanding for eDrive systems; forecasting up to 1M eDrive units/year by 2025

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GKN Driveline is expanding its presence in China with the construction of a new plant in Pinghu, Zhejiang Province, through its Chinese joint venture Shanghai GKN HUAYU Driveline Systems (SDS). It is expected to commence operation during the second quarter of 2018. Multimode eTransmission.

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Roskill: refined lithium supply expected to treble to 900kt by 2027, driven by use in batteries

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Automotive applications were the largest market for Li-ion batteries in 2017, with Chinese sales of plug-in electric vehicles (PEV) increasing by around 20% y-o-y. This placed strain on the battery supply chain which is likely to continue, with Roskill estimating that Chinese PEV sales could reach around one million units in 2021.

Supplies 218
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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

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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. Chinese EV sales through to July totalled 696,000 this year. However, the combined conversion capacities of these two market leaders is below 30% of total Chinese capacity.

Price 243
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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

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Despite some fallback during the winter months, prices remained above US$15,600/t through February and March 2018. Outokumpu reported in its interim report for Q1 2018 that high graphite electrode costs were still having a negative impact on steelmaking profits in Europe.

Price 207