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Benchmark launches Li-ion Battery Raw Material Price Index

Green Car Congress

Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. Benchmark assembles the index using its market-leading price assessments including the IOSCO-accredited lithium, nickel, and cobalt prices. NCM Mid-Nickel (5, 6, and 7 series blends, e.g., NCM 523, NCM 622).

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BMW Group creates closed recycling loop for high-voltage batteries in China

Green Car Congress

The BMW Brilliance Automotive joint venture (BBA) has established a closed loop for reuse of the raw materials nickel, lithium and cobalt from high-voltage batteries that are no longer suitable for use in electric vehicles. China is the world’s largest market for electric vehicles.

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Tsinghua researchers conclude surging lithium price will not impede EV boom

Green Car Congress

Although the current 10-fold price spike of lithium is giving the electric vehicle market a sharp short-term shock, a study by a team from Tsinghua University indicates that it will not hinder transportation electrification in the long run. That made the cathode price increase by 140% for LiNi 0.8 —Sun et al.

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Canada’s Budget 2022 calls for C$3.8B to launch Critical Minerals Strategy

Green Car Congress

Critical mineral mining projects are expensive and come with a unique set of challenges that can often include remote locations, changing prices, and lengthy regulatory processes. In total, Budget 2022 proposes to provide up to $3.8 Specific measures proposed in Budget 2022 to support critical mineral projects include: Up to $1.5

Canada 468
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GM battery fabrics funding in Quebec to manage $1 billion

Baua Electric

CAM contains parts equivalent to processed nickel, lithium and alternative fabrics that produce up about 40 in step with cent of the price of a battery. “We are experiencing rapid growth of the EV battery materials market across North America. The Quebec and federal governments are kicking in C$150 million every.

GM 52
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GM battery fabrics funding in Quebec to supremacy $1 billion

Baua Electric

CAM contains elements corresponding to processed nickel, lithium and alternative fabrics that produce up about 40 in keeping with cent of the price of a battery. “We are experiencing rapid growth of the EV battery materials market across North America.

GM 52
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This is Volkswagen’s Brilliant Strategy To Dominate The EV Market!

Get Electric Vehicle

Model T was a huge hit and welcomed by people in all classes of the society while Model S couldn’t enjoy the wide acceptance though it was a great car owing to its hefty price tag of $74,990 to $71,990. An electric vehicle (EV) uses the same rechargeable lithium-ion batteries that power your laptop or smartphone required.

Market 52