Remove Chinese Remove Global Remove Industrial Remove Market
article thumbnail

Benchmark: Chinese cell oversupply putting pressure on Tier 3 producers

Green Car Congress

Continued investment in China’s battery production scene is increasingly pushing its market into oversupply, putting strain on Tier 3 producers which are unable to access large global EV markets and are forced to compete in the saturated domestic space, according to Benchmark Mineral Intelligence.

Chinese 259
article thumbnail

Evonik invests in Chinese graphene company SuperC

Green Car Congress

The Chinese company is a provider of graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. Evonik has also its own global lithium-ion research center in Shanghai. China’s battery industry has logged rapid growth in recent years. billion in 2021.

Chinese 279
article thumbnail

Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

Green Car Congress

The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Benchmark forecasts lithium demand in 2030 will reach 2.4

article thumbnail

Chinese manufacturers to ramp up production of graphene nanotube dispersions for EV batteries

Green Car Congress

A graphene nanotube dispersion, developed by OCSiAl, allows for a substantial increase in key battery parameters and is now experiencing growing interest from Chinese battery manufacturers. In the anode, nanotubes unlock industrial-scale use of silicon, which has more than nine times the energy density of traditionally used graphite.

Chinese 273
article thumbnail

The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

China is the world’s largest automotive market, and understandably so, an important one for electric vehicle (EV) makers like Tesla. Although competitive Chinese automaker BYD isn’t yet slated to enter the U.S. auto market anytime soon , some U.S. While BYD said just last month that it has no plans to enter the U.S.

article thumbnail

Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

by Lewis Black, CEO of Almonty Industries. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% China controls the market for nearly 35 precious minerals and metals that are important to the U.S.

Supplies 380
article thumbnail

BYD to Chinese Auto Industry: "Demolish the Old Legends" in the EV Race

The Truth About Cars

The Chinese giant is one of the world’s busiest EV automakers, with almost 1.9 Though enormous, BYD isn’t satisfied with dominating its home market and wants the rest of the Chinese electric auto industry to come with it. Though it’s behind Tesla in global sales, BYD is king in China.