Remove 2020 Remove Market Remove Purchase Remove Supplies
article thumbnail

Honda to purchase 123 GWh of batteries from CATL for EVs in China from 2024 through 2030

Green Car Congress

announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. From 2024 through 2030, Honda will purchase 123 GWh of CATL’s batteries for pure electric vehicles in China, which will be produced in CATL’s production base in Yichun, east China’s Jiangxi Province.

Honda 334
article thumbnail

Argonne study finds rare earth supply disruptions can have long-range impacts

Green Car Congress

Disruptions to this supply can have wide-ranging consequences, but the understanding of how those disruptions play out in global markets is limited. China dominates the global rare earths market. Causes of supply disruptions. The researchers at Argonne are using a unique computer model to understand the effects.

Supplies 468
article thumbnail

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. This reflects the relative immaturity of these markets, the diverse range of applications and, for the higher end of the range, low volume and bespoke orders. All prices are in real 2021 $, unless stated as nominal.) Packs in the US and Europe cost 40% and 60% higher, respectively.

Price 469
article thumbnail

Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

Green Car Congress

Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.

Honda 299
article thumbnail

Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Lithium carbonate prices in China rose slightly to 480,500 yuan/tonne in mid-August, remaining close to the record-high of 500,000 from March and 400% higher year-on-year as soaring demand drove expectations of extended supply deficits. Source: Trading Economics. Earlier post.). Lithium carbonate is forecast to trade near its high.

Carbon 483
article thumbnail

Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

Green Car Congress

Audi of America is offering qualified customers who purchase or lease a 2021 Audi e-tron or e-tron Sportback a subscription to Arcadia at no additional charge for up to five years. The program runs from 2 March to 30 April 2021, while supplies last. 2021 Audi e-tron.

Audi 397
article thumbnail

IHS Markit sees supply crunch coming for electrical steel; potential disruptor of OEM electrification plans

Green Car Congress

The rapid growth of the hybrid and electric vehicle segment could potentially cause demand for electrical steel to outpace supply from 2025, according to a new report by a team of analysts from the Automotive Supply Chain and Technology team at IHS Markit. Supply is extremely limited in North America.

Supplies 243