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

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. The only lithium production in the United States currently is from one brine operation in Nevada. Lithium is expected to trade at 484,185.00 Source: Trading Economics.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 11 projects in the materials separation and processing segment of the supply chain. Earlier post.) Of that, $1.6

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Tesla to bring LFP battery supply chain to US – Bloomberg News – ET Auto

Baua Electric

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. Tesla, Nevada Economic Development Bureau and CATL did not immediately respond to Reuters requests for comment.

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CATL teases Tesla batteries for robotaxi fleet

Teslarati

CATL’s Chairman (Contemporary Amperex Technology Co Ltd) teased Tesla batteries for the robotaxt fleet. Tesla will use idle equipment from Chinese supplier CATL at Gigafactory Nevada. He confirmed that CATL will supply battery machinery to Tesla Giga Nevada last month. billion expansion earlier this year.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles. Meanwhile, China has an oversupply of affordable EVs and cells in the battery market. Even Europe is leaning towards domestically sourcing and supplying battery cells for electric vehicles.

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Slowing EV uptake may delay Panasonic’s EV battery expansion, says CEO – ET Auto

Baua Electric

may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in North America, the Japanese group’s chief executive said. Kusumi’s remarks may suggest Panasonic will not build a third battery plant in North America with its energy unit any time soon.

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CATL reaches deal to supply energy storage systems to US firm HGP

CN EV Post

The 450-MWh battery storage project will be deployed in Texas and is expected to begin commercial operations in 2024. Image credit: CATL ) CATL recently entered into a 450 MWh supply agreement with US battery storage project developer HGP, the battery giant's latest similar agreement with a US company.