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

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium carbonate is forecast to trade near its high. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.). Source: Trading Economics.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply.

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

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. Despite its forecast about the TSLA-CATL power couple, Morgan Stanley still acknowledges the challenges to EV demand in the near term. Economist says cheap Chinese EVs should be kept out of U.S.

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Electric vehicles outsell ICE cars in Norway, forecasting a combustion engine decline

Teslarati

Camilla Ryste, the Norwegian Automobile Association (NAF) communications manager, forecasted that petrol and diesel cars will be a “rare bird” on Norwegian roads. The OFV reported that 2,895 hybrids—both rechargeable and non-rechargeable—were sold in July 2021. Zero-emission car sales include hybrids and electric vehicles.

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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Consumption of lithium in rechargeable batteries by end use, 2012-2017, kt LCE. The lithium industry is therefore becoming more reliant on rechargeable batteries to sustain high rates of future demand growth, Roskill concludes. Combined, this additional capacity totals just under 100,000 tpy LCE, enough to meet forecast demand to 2017.

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Nissan providing residual battery power forecast and use information services to LEAF owners

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introduced two services through the Nissan LEAF owners’ website and smartphone applications: one that precisely forecasts the LEAF’s remaining battery capacity when it arrives at a destination; and the other called “Minna no Syouhi Denryoku (Energy Usage Database)” (available in Japan and North America). Nissan Motor Co.,

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ABI Research forecasts $47B market in 2020 for battery modules for hybrid and electric vehicles

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The recharging infrastructure is also developing rapidly in urban areas, which are being targeted as prime regions for electric vehicle adoption. System volume and value forecasts for installations are provided globally, by region, through 2020.

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