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Another Tesla price cut possible thanks to plummeting lithium prices

Teslarati

South America, which is by far the most lithium-dense continent on the planet, has seen its lithium extraction capabilities grow, particularly in Chile, where countless new projects are looking to capitalize on the massive amount of surface brine that can easily be converted into solid lithium. But how could this affect Tesla pricing?

Price 138
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Tesla considers acquiring Sigma Lithium

Teslarati

Sigma Lithium is one of the largest lithium extractors in South America, thanks in large part to what the company calls “the largest hard rock lithium deposit in the Americas.” ” Located in the South Eastern State of Minas Genrias, the massive mining operation has been in operation since 2018.

Tesla 74
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China realizes charging piles, complete vehicles and accessories to go overseas

Setec Powerr

According to statistics from the China Automobile Dealers Association, my country’s auto exports will reach 2.015 million in 2021, a year-on-year increase of 101.1%, exceeding 2 million for the first time in history. From January to September 2022, auto companies exported 2.117 million vehicles, a year-on-year increase of 55.5%.

China 52
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Debunking the Lithium "Mining" FUD

Plug In India

The interesting thing is before electric cars were popular, no one in the auto industry or mainstream media even questioned where petrol or the metals used in engines are coming from. But the impact is way lesser than what it takes to drill, extract, transport, refine and burn oil. tons of GHG (greenhouse gasses) per electric car [3].

Li-ion 59
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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Since the general auto market remained slumped, global EV market share increased nicely from 2.8% France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US. In South America BYD seems the only E-bus act in town. in 2019 to 4% in 2020.

2020 52