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CATL confirms it's negotiating new prices with EV makers

CN EV Post

CATL 's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said. Battery makers also recognize that they must share the price volatility of battery materials with car companies, Li said at the time.

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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Baua Electric

The cost of gasoline and the carbon footprint of EVs could both fall in the new year. This is relevant to EVs specifically because their carbon footprint keeps getting better with a greener energy mix relying more on renewable sources. Gas prices, meanwhile, are expected to decrease in 2024. per gallon.

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Volvo Trucks enters LNG truck segment in India, fuel technology ‘first step’ towards its 2040 carbon neutrality target – ET Auto

Baua Electric

The inherent advantages of LNG technology, and a favourable price difference of 10% in fuel cost compared to diesel in India, are being pitched to attract customers. Volvo Trucks looks to tap all segments which use tractor trailers to transport goods. The tractor-trailer market, which saw sales of 62,000 in FY24, is another factor.

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Tesla and other EV makers could see higher prices for battery materials in 2022

Teslarati

Batteries for electric vehicles are now seeing a price hike in China, with the cost of raw materials such as lithium seeing a substantial increase in price. What is interesting is that the price hike of battery materials is happening while the industry is becoming more and more prolific.

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Tesla and the EV sector’s growth is driving up lithium, cobalt, and nickel prices

Teslarati

The momentum of EVs as a whole may hit some challenges soon, however, partly due to the rising prices of raw materials that are critical to the production of batteries. The prices of lithium-ion batteries have seen a 90% decline to just about $130 per kWh. Don’t hesitate to contact us with news tips.

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The Paris Olympics Promise to Be Stunning. The Prices Already Are.

Baua Electric

Seven months before the Olympic torch casts a glow in the City of Light this summer, the cost of getting into the most in-demand sports competitions, not to mention the price of accommodations and transportation, has risen — sometimes by Olympian proportions. The cost of a Paris Metro ticket is temporarily doubling. 28 to Sept.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. New-build solar project costs are expected to fall by another 20% by 2030 due to lower module prices and an oversupply from China.

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