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Roskill expects that rare earth permanent magnet applications represented 29% of total demand in 2020—the largest single end use—consuming a mixture of neodymium (Nd), praseodymium (Pr), dysprosium (Dy), along with other elements used at fillers such as cerium (Ce) and gadolinium (Gd).
Xpeng Inc, a Chinese smart electric vehicle company, announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020. In the fourth quarter 2020, 8,527 P7s were delivered. A total of 11,979 G3s were delivered in 2020.
Researchers from the Chinese Academy of Sciences and Tsinghua University have used a gallium, indium, tin and bismuth alloy to generate hydrogen, when placed in contact with an aluminum plate immersed in water. The hydrogen is then used in a PEM fuel cell. —Xu et al.
On 4 December 2020, the LME cash price hit its highest level since March 2013, closing at US$7,742/t. (By Copper has charted an unlikely trajectory through 2020, notes Roskill. Copper prices since 1 Jan 2020. Underlying Chinese consumption is actually performing much better than most analysts believe, Roskill said.
Toyota Motor and five Chinese OEMs—China FAW Corporation Limited (FAW); Dongfeng Motor Corporation (DFM); Guangzhou Automobile Group Co., Plans call for FCRD to be established in Beijing during 2020. GAC Group); Beijing Automotive Group Co., BAIC Group); and Beijing SinoHytec Co., Each company will invest in the joint venture.
This marks a 6% drop from $140/kWh in 2020. Since September, Chinese producers have raised LFP prices by between 10-20%. Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF).
On 29 December 2020, Sichuan Yahua Industrial Group announced thatits subsidiary, Yahua Lithium, had signed a five-year supply agreement with Tesla. Yahua Lithium commissioned the Ya’an plant in May 2020 with 20ktpy of capacity for battery-grade lithium hydroxide.
China’s attempt to fight the coronavirus outbreak has led to delayed production across a number of battery production facilities located in key coronavirus hit provinces and is expected to lower the output of Chinese battery manufacturers by around 26 GWh in 2020. —Sneha Susan Elias, Senior Power Analyst at GlobalData.
Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. HFO-burning engines to 6G60ME-C9.5-LGIP
The COVID-19 has hit the Chinese EV sector hard; CRU, a provider of business intelligence on the global metals, mining and fertilizer industries, believes that weak sales will last at least until early Q2 2020. Nonetheless, it continues to forecast Chinese EV sales growth in 2020 over 2019’s total.
billion to decarbonization in 2020, beating the previous year by 9% despite the economic disruption caused by the Covid-19 pandemic. billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. billion in 2020.
As a result, by late January, factories were closed and streets were cleared as Chinese authorities had ceased daily activities to stop the spread of the illness. We currently see around a 40% reduction over Chinese cities, however these are just rough estimates, as weather also has an impact on emissions.
Benchmark Mineral Intelligence has elevated Chinese lithium-ion battery cell and automaker BYD to Benchmark’s top tier EV battery cell manufacturer status joining CATL, Envision AESC, LG Energy Solution, Panasonic, Samsung, and SK Innovation as tier one cell manufacturers. Supplier to domestic Chinese EV market.
Other elements of the note: BNEF cut the global solar demand forecast for 2020 from 121-152GW to 108-143GW. This could make 2020 the first down year for solar capacity addition since at least the 1980s. Chinese factories are restarting, so the pressure on supply of key components and equipment is likely to ease.
Total visible copper stocks (LME + COMEX + SHFE + Chinese bonded warehouses) amounted to just 560kt at the end of January, noted critical materials supply chain intelligence company Roskill—only 11kt more than the lowest recent stock level of 549kt in December 2019.
The UX 300e is scheduled to go on sale in the Chinese and European markets in 2020, and in Japan early in 2021. Lexus is introducing its first battery electric vehicle (BEV), the UX 300e, at the Guangzhou International Automobile Exhibition.
A pilot plant installed on the site in 2020 demonstrated, in real conditions, the quality of lithium carbonate produced, with very high direct extraction yields (90%). The lithium project was mothballed in April 2020 at the time of the COVID-19 crisis, as the conditions were not then met to launch the construction of the plant.
Shanghai Metals Market data pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. Source: Trading Economics. Earlier post.).
Led by Tesla, China’s BYD, and Volkswagen, the battery market for plug-in vehicles will rise to $10 billion in 2020, with electric vehicles (EV) emerging as the drivetrain of choice, according to a new forecast by Lux Research. But the Chinese company will cede its lead in 2019 when European and American carmakers gain ground.
In 2020, Volkswagen Group China launched a Vertical Mobility project to explore the next generation of mobility solutions, including the urban air mobility market and the extension of urban traffic into airspace. In the first phase of its commercial use, V.MO
GWh of passenger EV battery capacity was deployed onto roads globally in 2021—a 113% increase over 2020—as battery-electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) sales surged year-over-year, according to Adamas Intelligence. A record 286.2 Japan’s Panasonic rounded off the top three with a record 41.4
At the same time we are ramping up volume production in the Zwickau electric car plant and in our two Chinese MEB plants every week. At the end of 2020, the Chinese sites in Anting and Foshan also started production of MEB vehicles. Towards the end of 2020, the Chinese sites in Anting and Foshan began producing the ID.4
Total Chinese stocks (658kt) are equivalent to 2.6 Chinese refined consumption rebounded 18% YOY in Q1 2021. Although Chile and Peru contributed 40% of global mine supply in 2020, Roskill observed, copper production there is yet to fully recover to pre-pandemic levels. These stocks, however, currently represent only 1.9
China dominates BloombergNEF’s (BNEF) lithium-ion battery supply chain ranking in 2020, having quickly surpassed Japan and Korea that were leaders for the majority of the previous decade. In 2020, Japan and Korea rank number two and three respectively. The US is in sixth place in 2020.
The Zhenjiang facility where Magna and BJEV plan to engineer and build electric vehicles for the Chinese market. The engineering and manufacturing joint ventures are expected to take over an existing BAIC manufacturing facility in Zhenjiang, Jiangsu Province, where the first production vehicles are planned for 2020. Earlier post.)
Volkswagen Group China, together with its Chinese partners, plans to invest more than €4 billion next year, with around 40% of this investment going towards e-mobility. I am looking forward to 2020, when our local e-car production will significantly increase in scale. In a challenging market environment, our strategies are paying off.
Cobalt metal prices (cobalt battery metal, min 99.8%, EXW Europe, USD/lb) have risen 15% from the July 2020 issue of Benchmark’s Cobalt Price Assessment to the most recent data published at the end of October 2020. Despite these uncertainties, cobalt metal has enjoyed relatively good price performance during H2 2020 to date.
The corresponding amendment to the contract comes into force with the new “business licence”, which BBA received today from the relevant Chinese authorities. BMW Group now holds 75% of the shares in BBA, while its Chinese partner, Brilliance China Automotive Holdings Ltd. against 2020). CBA), indirectly holds the remaining 25%.
At the first stage of the project, InnovizPro lidar is being utilized in Shaanxi Truck’s autonomous proof of concept project at the Chinese port, with Shaanxi’s ultimate goal being the deployment of up to 600 trucks at this site. The company is also one of the leaders in China in the field of autonomous driving research and development.
In addition to the latest equity raising, Xpeng Motors has also successfully diversified its funding sources by securing several billions of RMB-denominated unsecured credit lines from leading Chinese and international banks including China Merchants Bank, China CITIC Bank and HSBC. Xpeng Motors achieved numerous milestones this year.
The first model that will be produced in the factory of SAIC Volkswagen will be an electric Volkswagen brand SUV in 2020. < Through Volkswagen’s MEB platform, we will be able to easily produce state-of-the-art electric vehicles for our Chinese customers on a high scale.
The Audi Q4 e-tron concept gives an advance look at what will be the fifth series production electric vehicle that the manufacturer will introduce by the end of 2020. Later this year, the Audi e-tron Sportback will be presented, and the Audi Q2L e-tron, which was designed specifically for the Chinese market, will roll off the assembly line.
The new app will be based on “Tuban Xiong”, an app which has already been successfully introduced to the Chinese market by Mercedes-Benz in 2018 and offers several functions especially aiming at increasing travel safety such as: Location Sharing, Trip Sharing, SOS-Call, Geo-Fencing, Bodyguard Service, Fake Call etc.
The new IDTechEx report “ Materials for Electric Vehicles 2020-2030 ” finds that in recent years, there has been an increased shift towards more permanent magnet-based motors: 2019 saw this increase to 82% compared to 79% in 2015.
Renault will introduce a new, affordable urban electric vehicle in 2019, coming first to China, and new hybrid and plug-in hybrid options on three of its popular vehicles in 2020. Renault also plans to further electrify its range in its 2020 product refresh cycle, offering hybrid on Clio and plug-in hybrid on Megane and Captur.
At the 2020 United Nations Climate Change conference, Chinese President Xi Jiping proposed that China’s carbon dioxide emissions should peak in 2030 and that carbon neutrality should be achieved by 2060.
At the 16 th Beijing International Automotive Exhibition (Auto China 2020), Beijing Hyundai Motor Company showcased its RM20e electric racing midship sports car prototype and Prophecy concept EV model, demonstrating the reach of its EV ambitions. The new Tucson as well as new Elantra also made their debuts to Chinese customers.
ABB has increased its majority stake in Chinese electric vehicle (EV) charging provider Chargedot Shanghai New Energy Technology Co. ABB acquired a 67% stake in Chargedot in March 2020. fold increase on 2020. fold increase on 2020. Financial terms of the transaction were not disclosed. million electric vehicles sold; a 1.6
Some time in next ten years, a Chinese mission aims to do whats never been done before: collect cloud particles from Venus and bring them home. As is typical for Chinese space missions, few details were made public. But information in a recent presentation shared on Chinese social media gives us new insight into early mission plans.
The two parties will jointly develop sedans and low-floor SUVs as well as the onboard batteries for these vehicles and others with the aim to launch them in the Chinese market under the Toyota brand in the first half of the 2020s. BYD Company Ltd.
WANG Feng at the Dalian Institute of Chemical Physics (DICP) of the Chinese Academy of Sciences have reported that photocatalytic decarboxylation is an efficient alternate pathway for converting biomass-derived fatty acids into alkanes under mild conditions of ambient temperature and pressure. Researchers led by Prof. —Prof.
The world is in a race to dominate the electric vehicle market—the Europeans have made their Battery Alliance a priority and the Chinese are chomping at the bit. million vehicles in 2020 to 26 million vehicles in 2030 and 54 million by 2040 at least. Global electric vehicle market growth is projected to rise from 1.7
Yibin Tianyi Lithium has a 5-year offtake agreement with Pilbara to take up to 75ktpy of spodumene concentrate, with an initial 60kt to be supplied in 2020. Yibin Tianyi Lithium is one of four projects commissioning production in 2020, with the others being Guangxi Tianyuan (25ktpy), Yahua Lithium (20ktpy) and Ganfeng Lithium (50ktpy).
The project is scheduled to be complete in 2020 in order to align with key customer’s vehicle-launch plans. This significant expansion provides Novelis with the additional capacity needed to increase its production of aluminum solutions to enable automotive manufacturers to develop the next-generation of safer, stronger and lighter vehicles.
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