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What Causes Electric Scooters to Be Expensive in India?

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The one-word answer is the battery or, if you are looking for an essay, I am afraid because the answer is still the battery there is nothing else. New revolt RV 400 is priced around ?101,470, Ather 450X comes with a price tag above ?140,000. The other option is to import batteries. Taking a Closer Look.

India 52
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Benchhmark report: cobalt’s price rises highlight shift to battery-driven pricing dynamics

Green Car Congress

While cobalt prices have shown positive signs of late, there are nuances within the market which highlight the key fundamentals that will likely decide cobalt’s future price trend—which is taking its cues less and less from the industrial metal supply chain, according to a new report from Benchmark Mineral Intelligence.

Price 382
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Benchmark: Falling lithium prices weigh on black mass prices in China

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Prices for black mass material—from process scrap fell by 5% in July from a month earlier, according to Benchmark’s inaugural black mass price assessment, due to a decline in the underlying prices for lithium. Prices for battery-grade lithium carbonate in China have fallen by 47% year-to-date, according to Benchmark.

Price 195
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AVZ signs binding SC6 offtake agreement with major Chinese lithium converter Yibin Tianyi, supplier to CATL

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for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). We are very pleased to conclude our discussions with Yibin Tianyi and to sign another binding offtake agreement for SC6 to a Chinese converter.

Convert 448
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Cobalt Market Report: EVs become the major driving force for cobalt demand growth in 2021

Green Car Congress

The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. Due to relative market weakness, European prices averaged $2.5

Market 293
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IDTechEx: market for EV powertrain materials to reach $47B by 2030

Green Car Congress

Traction batteries and motors in electric vehicles (EVs) are very different than the powertrain components of the internal-combustion engine vehicles they replace. Battery Cell Materials. It is also a very expensive material with its supply and mining confined to a large majority in China and the Democratic Republic of Congo.

Market 243
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Manganese Could Be the Secret Behind Truly Mass-Market EVs

Cars That Think

But they’re up against the challenge of our global-warming time: dauntingly tight supplies of both batteries and the ethically sourced raw materials required to make them. That’s despite the dispiriting history of the first (and only) EV to use a high-manganese battery, the original Nissan Leaf , beginning in 2011.

Market 117