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Mining.com EV Metal Index shows value of battery metals in newly registered electrified vehicles up 232% y-o-y in 2022

Green Car Congress

Total battery capacity of the 1.64 In December 2022, a record 38,061 tonnes of lithium carbonate equivalent were deployed onto roads globally (55% carbonate, 45% hydroxide), up 46% over the same month the year prior. Lithium prices were also peaking in December around $70,000 a tonne, which lifted the lithium subindex to $2.7

Batteries 243
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Tesla Model 3 claims top spot in February global EV sales, Model Y takes third

Teslarati

Tesla took two of three podium spots in February’s Global Electric Vehicle Sales rankings, with the Model 3 taking the top position. The Model Y captured third for the first time, further establishing Tesla’s dominance in the global EV market. A/C will add $500 to the price. Credit: EV Sales Blog.

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Is the electric vehicle wave beginning to crash? VW Group’s global EV order bank halves after super-strong start to the year

EV Central

From January to September, the VW Group said it delivered an incredible 531,500 battery-powered vehicles — an incredible 45 percent increase over the same period in 2022 — with EVs now accounting for more than 7.9 percent of all VW sales globally. READ MORE: Volkswagen ID.7

Global 84
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance.

China 416
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Galaxy quest: Yet another Chinese brand headed to Australia and its pricing could be out of this world

EV Central

Voracious Chinese auto giant Geely has announced the all-new 2024 Galaxy E5 electric SUV will spearhead its fledgling new brand’s global expansion including to Australia. It’s expected more details on the brand’s global expansion will be revealed at the Beijing show as well as full specification of the Galaxy E5.

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Cadillac unveils electric Escalade IQ; 200 kWh, 450 miles; pricing starting around $130K

Green Car Congress

Plus, Ultium Energy Recovery—a heat pump thermal system—allows for energy to transfer between the battery/power electronics and the cabin, using every watt possible to optimize range and minimizing the power from the high-voltage battery used for five-zone climate control.

Escalade 195
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Adamas Intelligence expects 10-fold increase in value of rare earths to $36.2B by 2035; growth led by passenger EV traction motors

Green Car Congress

NdPr, Dy and Tb oxides—were consumed globally in NdFeB alloys for energy-transition-related applications, including EV traction motors and wind power generators. By 2035, with demand and prices expected to continue rising, Adamas projects the value of consumption will increase another 10-fold.

Motor 221