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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

Green Car Congress

Despite the spread of new battery manufacturing capacity into Europe and the US, Asia remains the major source of demand for lithium. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina. The next largest export destination was Belgium, accounting for only 2.3%

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China exported greater than 2 million automobiles in first part of 2023, BYD and Chery grew quickest

Baua Electric

It’s virtue noting that China’s auto exports are divided into two primary divisions: detached manufacturers and overseas funding/three way partnership manufacturers. Moreover, SAIC has proven just right momentum in markets comparable to Mexico, Australia, the United Kingdom, Saudi Arabia, Republic of India, and Thailand.

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UN report highlights urgent need to tackle impact of EV battery production boom

Green Car Congress

UNCTAD predicts that some 23 million electric vehicles will be sold over the coming decade: the market for rechargeable car batteries, currently estimated at $7 billion, is forecast to rise to $58 billion by 2024. It has also contributed to environment degradation, landscape damage and soil contamination, groundwater depletion and pollution.

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Ipsos study finds US among most skeptical of Autonomous Vehicles

Green Car Congress

Although there is widespread interest in autonomous vehicles (AVs), the US—one of the largest auto markets in the world—expresses higher levels of resistance than most nations, according to a new study by Ipsos, a leading global market research firm.