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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

Geopolitical issues such as the Russia-Ukraine situation disturb the fine balance of battery metal supply chains. EV and battery companies in China may well step in and buy the commodity at lower prices. Trading had yet to resume as of 10 March.

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BNEF ups forecast for global investment in stationary energy storage, sees majority of capacity likely to be grid-scale

Green Car Congress

Global cumulative energy storage installations. The report goes on to model the impact of this on a global electricity system increasingly penetrated by low-cost wind and solar. Just 10 countries are on course to represent almost three quarters of the global market in gigawatt terms, according to BNEF’s forecast.

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Trade group asks administration to reinstate tariffs on Chinese graphite, critical material for EV batteries

Baua Electric

As regular Charged readers know, China completely controls the global graphite market. Now, demand for anode material is expected to surge as the US battery manufacturing market grows, and the Buy American provisions of the IRA and BIL call for manufacturers to use increasing proportions of domestically-produced raw materials.

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China is exporting so many EVs that it needs more ships – a lot more

Baua Electric

Yet, the current state of affairs is rapidly changing, with Chinese companies putting 47 ships on order, which accounts for a quarter of all orders globally. China has already overtaken Japan as the world’s largest auto exporter, with BYD alone exporting more than 240,000 vehicles last year, making up about 80% of its global sales.

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Used EVs – Over The Hill, Or An Absolute Steal?

My Energi

A worldwide deficit of lithium, a global shortage of semiconductors and the ongoing conflict in Ukraine are all heavily impacting production efficiencies, with some OEM lead times reportedly reaching upwards of twelve months. So, with supply slim and prices high, is going electric necessarily the right choice for every motorist?

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Hertz says it will invest some of proceeds from selling Tesla cars back into gas cars

Baua Electric

Yesterday, we reported on Hertz starting to sell its older Tesla Model 3s and they are going for fairly cheap. fleet, or about one-third of the global EV fleet. It started buying its fleet of Tesla vehicles at peak prices right before the automaker started to slash prices in order to create demand amid increasing interest rates.

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Why 2023 will be another great year for electric vehicles

My Energi

While electric car registrations in 2022 were undoubtedly affected by the global chip shortage and issues relating to the war in Ukraine – notably supply constraints on wiring looms – they were still 21% higher than the previous year, and we can expect annual growth rates of around 30% for the next two years.