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Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

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While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.

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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

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This brief analysis examines the relative cost of the energy from milk and gasoline. The average price of conventional (not organic) whole milk in September 2020 was $3.56 The average price of conventional (not organic) whole milk in September 2020 was $3.56 A cup of whole milk contains 150 Calories of energy.

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Navigant forecasts global natural gas fleet of 34.9M by 2020

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Cumulative natural gas vehicles in use by segment, world markets: 2013-2020. million by 2020. The increase is largely driven due to a combination of low-cost natural gas and sustained higher prices for gasoline and diesel in many countries, Navigant suggests. Source: Navigant Research. Click to enlarge.

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NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

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A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g., from $0.08/kWh

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Lux: Tesla likely to miss 2020 vehicle target by >50%; Gigafactory to bring only modest reduction in costs, >50% overcapacity

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Lux Research’s new report—“ The Tesla-Panasonic Battery Gigafactory: Analysis of Li-ion Cost Trends, EV Price Reduction, and Capacity Utilization ”—projects sales of some 240,000 Tesla cars in 2020, leading to razor-thin margins to Panasonic and 57% overcapacity. Panasonic faces risks.

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Benchmark launches Li-ion Battery Raw Material Price Index

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Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. Benchmark assembles the index using its market-leading price assessments including the IOSCO-accredited lithium, nickel, and cobalt prices. NCM Mid-Nickel (5, 6, and 7 series blends, e.g., NCM 523, NCM 622). Nickel sulfate (CIF Asia).

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