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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

Green Car Congress

Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

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Drive Electro to supply components for another 200 electric buses in Moscow

Green Car Congress

Most of the battery packs and propulsion equipment for the Russian capital’s electric buses are made by Drive Electro, which has manufactured and supplied components for 400 of the city’s electric vehicles. This year, Drive Electro will supply Moscow with battery packs for a further 200 electric buses. Up to US$5.2

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Volkswagen previewing mobile quick charging station; trials in 2019, production in 2020

Green Car Congress

The start of production is planned for 2020. As of 2020, the charging station will also be implemented in other cities and communities. If, however, it is permanently attached to the power supply with up to 30 kW via alternating current, the battery pack perpetually recharges itself.

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AKASOL to supply battery systems for Alstom’s hydrogen trains

Green Car Congress

AKASOL will supply battery systems for more than 40 Coradia iLint hydrogen trains ( earlier post ), which have been ordered from Alstom by the Lower Saxony Transit Authority and the Rhine/Main Regional Transport Association. Based in Darmstadt, AKASOL has been engaged in the development of train batteries for more than ten years.

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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.

Carbon 483
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Volvo Cars sales up 12.6% in the first 10 months of 2021; share of electrified cars >25% of all units sold for 10 months, 31.5% in October

Green Car Congress

The share of Volvo Cars with a fully electric or plug-in hybrid powertrain—the Recharge models—amounted to 25.5% For the month of October, the share of Recharge cars accounted for 31.5% During the month of October, Volvo Cars also started production of the fully electric C40 Recharge in Ghent. of the overall sales.

Volvo 384
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Octillion to supply high-density batteries to FNM for 1,000 electric trucks for beverage maker Ambev

Green Car Congress

Battery maker Octillion Power Systems will supply advanced lithium-ion batteries to Brazilian manufacturer FNM (Fábrica Nacional de Mobilidades) for the production of 1,000 electric trucks for beverage maker Ambev. Octillion and FNM announced their partnership in October 2020. Earlier post.).

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