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Lithium's downward trend set to be disrupted as Chinese mining hub suspends production

CN EV Post

Lithium miners in Yichun, nicknamed the "lithium capital of Asia," are being suspended for production violations that analysts expect will affect 13 percent of the global lithium supply if production is halted for a month. For more articles, please visit CnEVPost.

Chinese 69
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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb/d this year, eroding its spare capacity cushion.

Oil 210
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BioAmber and CJ CheilJedang plan JV for bio-succinic acid production in Asia

Green Car Congress

Under the terms of the agreement, BioAmber and CJCJ plan to establish a joint venture in China to produce up to 36,000 metric tons of bio-succinic acid annually and commercialize the output in Asia. The partners would also have a mutual right-of-first-refusal to retrofit additional CJCJ fermentation facilities globally.

Asia 150
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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

Green Car Congress

The global auto market is very sensitive to macroeconomic conditions and will be hit hard by the coronavirus and any economic contraction that accompanies it, BNEF says. Early data from the main markets in Asia shows a drop in vehicle sales of 44% for China and 18% for Korea, two of the hardest hit countries. Chart: BloombergNEF.

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Geely subsidiary Geespace successfully launches first 9 satellites of planned 240; positioning and connectivity

Green Car Congress

Initially, service coverage will be provided to the Chinese market and the Asia-Pacific region with plans for expanding global coverage after 2026. Early in September 2021, Geely’s Intelligent Satellite Production and Testing Center began mass production of commercial satellites with an annual production capacity of 500 units.

Connect 435
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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications.

Emissions 170
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Ford supplier gets rights to localize BYD LFP blade battery production 

Teslarati

BYD has agreed to give BorgWarner the right to localize production of LFP battery packs with blade cells in Europe, the Americas, and select regions in the Asia Pacific for eight years. According to Chinese sources at the time, Tesla already entered the C-sample test phase using vehicles with blade batteries installed.

BYD 99