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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
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Canada orders three Chinese companies to divest from Canadian critical minerals companies

Green Car Congress

The Government of Canada has ordered the divestiture of the following investments by three Chinese companies in Canadian critical mineral companies: Sinomine (Hong Kong) Rare Metals Resources Co., —François-Philippe Champagne, Minister of Innovation, Science and Industry.

Canada 353
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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. China’s battery industry has logged rapid growth in recent years. The company’s materials are already used in products from leading Chinese battery manufacturers.

Chinese 279
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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.

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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
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European metals-producing and -using industries and workers warn of catastrophic impact of Chinese magnesium supply shortage

Green Car Congress

A cross-industry group of European metals-producing and -using industries and their workers have issued a warning about the potentially catastrophic impact of the Chinese magnesium supply shortage. Magnesium is a key alloying material and widely used in the metals-producing industry. Japan uses 4%.

Chinese 170
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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

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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