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

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Volvo C40 Recharge EV coming to US with $58,750 MSRP

Green Car Congress

The Volvo C40 Recharge pure electric will start at an MSRP of $58,750 in the United States before tax credits. The C40 Recharge, along with the 2022 XC40 Recharge, introduces new specification level nomenclature: Plus and Ultimate.

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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: Statista.

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Who Really Invented the Rechargeable Lithium-Ion Battery?

Cars That Think

Fifty years after the birth of the rechargeable lithium-ion battery, it’s easy to see its value. And yet this transformative invention took nearly two decades to make it out of the lab, with numerous companies in the United States, Europe, and Asia considering the technology and yet failing to recognize its potential.

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CATL to license LFP battery tech to General Motors

Teslarati

CATL (Contemporary Amperex Technology Co Ltd) is negotiating with General Motors (GM) to license its LFP (lithium iron phosphate) battery technology. However, the pair have agreed that the annual capacity of their joint battery plant in North America would be no less than the plant CATL is currently building with Ford.

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Panasonic Energy signs battery agreement with Subaru

Teslarati

Panasonic Energy signed a battery agreement with Subaru. The agreement covers the supply of cylindrical automotive lithium-ion battery cells. Panasonic Energy has been strengthening its supply chain for lithium-ion battery cells in North America recently.

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Rio Tinto purchases 4 Wabtec battery-electric locomotives for the Pilbara

Green Car Congress

Rio Tinto will purchase four 7MWh FLXdrive battery-electric locomotives ( earlier post ) from Wabtec Corporation for use in the Pilbara region of Western Australia as part of the company’s strategy to reduce its carbon emissions by 50% by 2030.

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