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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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BYD sells 18,220 EVs in China in November, up 128% year-on-year

Green Car Congress

Chinese automotive manufacturer BYD sold 18,220 pure-electric passenger vehicles in November, up by 22.1% GWh of power and energy storage batteries in November, up by 28.7% Its January-November production fell by 9.7% from October and by 127.8% from a year earlier. on the month and by 174.1% on the year. on the year.

BYD 294
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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

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Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus.

Price 170
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Platts Report: China oil demand rises 2.9% in October from year ago, YTD up 2%

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million barrels per day (b/d), according to a just-released Platts analysis of Chinese government data. Platts calculates China’s apparent or implied oil demand on the basis of crude throughput volumes at the domestic refineries and net oil product imports, as reported by the NBS and Chinese customs. year over year to 42.65

Oil 268
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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

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The company has introduced two cell products from its technology platform: Swing cells for transportation and stationary energy storage applications; and Sonata cells for notebook and portable power applications, as well as a family of battery blocks, modules and systems for large format applications. —Christina Lampe-Önnerud.

Boston 265
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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley. Purcell, Jr.,

Boston 199
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Yardney and Coda Automotive Form JV for US Automotive Li-ion Systems Production; Lishen Expected to Participate

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Connecticut-based Yardney Technical Products, Inc. Coda Battery Systems LLC submitted a proposal under the stimulus grant program to the Department of Energy on 19 May for funding to build manufacturing at a facility in Enfield, CT. one of largest suppliers of lithium-ion batteries in the world. Earlier post.).

Li-ion 150