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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. Yahua Lithium commissioned the Ya’an plant in May 2020 with 20ktpy of capacity for battery-grade lithium hydroxide.

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ABB E-mobility increases majority stake in Chinese EV charging provider Chargedot to 80%

Green Car Congress

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. p>China recorded the highest number of EV sales globally in 2021 for the seventh consecutive year, with more than 3.5 fold increase on 2020.

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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

Green Car Congress

This marks a 6% drop from $140/kWh in 2020. Since September, Chinese producers have raised LFP prices by between 10-20%. This would impact EV affordability or manufacturers’ margins and could hurt the economics of energy storage projects. All prices are in real 2021 $, unless stated as nominal.)

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Volkswagen Group China to invest > €4B in 2020, 40% of it on emobility

Green Car Congress

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. Both factories are specifically designed for manufacturing all-electric cars. million e-cars sales by that point. million e-cars sales by that point.

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Volkswagen Group China unveils its first eVTOL passenger drone prototype: V.MO

Green Car Congress

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

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Volkswagen nearly doubles deliveries of all-electric vehicles in 2021 to 263K; all electrified vehicle sales at 369K

Green Car Congress

In 2021, the Volkswagen brand delivered more electrified vehicles worldwide than ever before, handing over to customers more than 369,000 electric cars (+73% versus 2020), comprising approximately 106,000 PHEVs (+33%) and 263,000 all-electric vehicles (+97%). of total deliveries (2020: 4%). of Volkswagen’s deliveries (2020: 12.6%).

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BYD, Toyota jointly to develop battery electric vehicles for Chinese market

Green Car Congress

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.

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