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Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

Lithium — the ultra-light metal used in electric-vehicle batteries — has plunged more than 80% from a late-2022 record, as the market whiplashed from shortage fears to a mountain of surplus inventories. Battery metals have been a bright spot for the mining industry in recent years. Chemaf Resources Ltd. and General Motors Co.

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The raw materials crunch: How bad, how long, how to solve it?

Charged EVs

Range has increased, access to charging infrastructure has expanded, and major automakers have (finally) begun to actively market their EVs and to prepare for a new era of mass production. Newly charged automakers are finding themselves to be production-constrained , as EV trendsetter Tesla has been for some years.

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Canada’s Trudeau suggests China uses slave labor in lithium production – ET Auto

Baua Electric

Canadian Prime Minister Justin Trudeau on Friday suggested that China uses slave labor in the production of lithium as he discussed Canada’s efforts to ramp up production of the critical metal used in electric vehicle and other batteries. “If we’re honest … the lithium produced in Canada is going to be more expensive.

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Decoding The Complex Supply Chain In The Electric Vehicle Industry

Get Electric Vehicle

Picture this: You’re cruising down the road in your sleek, futuristic electric vehicle (EV), enjoying the whisper-quiet ride and emission-free journey. Global Component Suppliers The production of electric vehicles relies on a vast network of global component suppliers. Electric Vehicle Supply Chain #1.