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Benchmark Mineral Intelligence: global battery gigafactory pipeline tops 300; China dominates

Green Car Congress

In September 2019, just one of the five North American gigafactories tracked by Benchmark directly involved an automaker: Tesla’s Gigafactory 1 in Nevada. The 300 th gigafactory added to Benchmark’s Gigafactory Assessment is being developed by Chinese cell manufacturer EVE Energy in Chengdu, Sichuan.

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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

The current political climate between the United States and China discourages Chinese battery suppliers like CATL from distributing their oversupply of batteries to the US. In our view, this will require a degree of ‘westernization’ of Chinese tech to be palatable in the US given the rising protectionist sentiment (both in the US and Europe).

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Shanghai Metals Market data pointed to a supply deficit of 1,361 tonnes in July, swinging from the supply surplus in the prior month as the re-opening of the Chinese economy and cash subsidies for new energy vehicles lifted car manufacturer’s demand. Source: Trading Economics. Earlier post.). Source: Statista.

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CATL teases Tesla batteries for robotaxi fleet

Teslarati

Tesla will use idle equipment from Chinese supplier CATL at Gigafactory Nevada. He confirmed that CATL will supply battery machinery to Tesla Giga Nevada last month. CATL developing and validating M3P batteries with Tesla: report Tesla broke ground on Gigafactory Nevada’s $3.6 billion expansion earlier this year.

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Faraday Future Chooses Nevada For Electric-Car Plant

Green Car Reports

Last month, Faraday Future announced that it was considering sites in California, Georgia, Louisiana, and Nevada for a $1 billion electric-car plant. Now, it appears Nevada is the preferred location for the plant, which will build the electric car Faraday plans to launch in 2017.

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CATL to license LFP battery tech to General Motors

Teslarati

Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley Sources state that the agreement between CATL and GM would likely be similar to the one between Ford and the Chinese battery supplier. Last year, Ford announced plans to build a $3.5 It is Ford’s first LFP battery plant.

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Tesla to bring LFP battery supply chain to US – Bloomberg News – ET Auto

Baua Electric

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. Tesla, Nevada Economic Development Bureau and CATL did not immediately respond to Reuters requests for comment.