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What Causes Electric Scooters to Be Expensive in India?

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The price of the lithium-ion batteries used in the EVs is the main culprit for the high initial cost of any electric vehicle in any part of the world. The main raw materials of a Li-ion battery are Lithium, Nickel, and Cobalt. They are scarce but hold roles in the proper functioning of the Li-ion batteries.

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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

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KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. KORES said that Korean Li-ion manufacturers SK Innovation and LG Chem are also likely to participate in the project.

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Benchmark: China dominates Li-ion battery supply chain

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China dominates the global Li-ion battery supply chain to the extent that removing the country in favor of European or North American alternatives will be difficult, according to analysis by Benchmark Minerals Intelligence. —Albert Li, an analyst at Benchmark.

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Nature editorial: environmental and human costs of Li-ion technology must be addressed quickly

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An editorial in the journal Nature calls on policy makers, industry leaders and researchers to mitigate quickly the environmental and human costs of Li-ion batteries. The market for Li-ion batteries is projected to grow from $30 billion in 2017 to some $100 billion in 2025. There’s already a shortage of recycled material.

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UCI and national lab researchers use high-entropy doping for cobalt-free cathodes for Li-ion batteries

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Researchers at the University of California, Irvine and four national laboratories have devised a way to make lithium-ion battery cathodes without using cobalt. Research has also shown that cobalt can lead to oxygen release at high voltage, causing damage to lithium-ion batteries. All of this points to a need for alternatives.

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In 2017, Australia, Chile, and Argentina produced 91% of the world’s lithium

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Some key materials used for manufacturing lithium-ion batteries are lithium, cobalt, nickel, manganese, and natural graphite, which come from more than 30 different countries. The Democratic Republic of Congo produced 59% of the world’s cobalt.

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AVZ signs binding SC6 offtake agreement with major Chinese lithium converter Yibin Tianyi, supplier to CATL

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for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). Li 2 O for the entire Manono Project, including between 300 and 400Mt of 1.25% to 1.5% Li 2 O for the Roche Dure Pegmatite alone.

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