article thumbnail

What Causes Electric Scooters to Be Expensive in India?

Get Electric Vehicle

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. It’s easy to talk about plans for domestic battery production plants, but it’s hard to compete with the pricing of subsidized imported batteries. Taking a Closer Look.

India 52
article thumbnail

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

Green Car Congress

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.

Bolivia 199
article thumbnail

Benchmark: China dominates Li-ion battery supply chain

Green Car Congress

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.

Li-ion 293
article thumbnail

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

Green Car Congress

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. — Nature editorial.

Li-ion 199
article thumbnail

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

Green Car Congress

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.

Chile 281
article thumbnail

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

Green Car Congress

for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). Under the offtake agreement, Yibin Tianyi will purchase up to 200,000t per annum of SC6 for an initial 3-year term following commencement of production with an option to extend for an additional two years.

Convert 448
article thumbnail

The raw materials crunch: How bad, how long, how to solve it?

Charged EVs

Range has increased, access to charging infrastructure has expanded, and major automakers have (finally) begun to actively market their EVs and to prepare for a new era of mass production. Newly charged automakers are finding themselves to be production-constrained , as EV trendsetter Tesla has been for some years.