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Veloz: California EV market continues strong growth; Q1 strongest quarter to date; 16.32% market share

Green Car Congress

California’s EV market continues to grow, according to data gathered by Veloz , a non-profit which tracks and reports on growing electric vehicle (EV) sales data in California, market trends, and infrastructure build-out. The market share of electric vehicles in California jumped from roughly 12% to 16.32% in the quarter.

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BYD enters European market, reportedly already supplying batteries to Tesla

Green Car Reports

Chinese automaker and battery supplier BYD is entering the European market—and that could include supplying batteries to Tesla. This came shortly after BYD's announcement of Japanese-market sales.

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US Electric Car Market at the Whim of Tesla Supply-vs-Demand Trends

CleanTechnica EVs

A couple of days ago, I wrote about a somewhat complicated situation in the used electric car market. continued] The post US Electric Car Market at the Whim of Tesla Supply-vs-Demand Trends appeared first on CleanTechnica. I included.

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LG Energy Solution secures lithium supply for the North American market

Teslarati

LG Energy Solution (LGES) signed an offtake agreement with WesCEF to expand its lithium supply chain for the North American market. According to the agreement , WesCEF will supply the South Korean battery supplier with up to 85,000 tons of lithium concentrate. The South Korean company is a longtime Tesla supplier.

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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. In a note released earlier this week, Morgan Stanley writes that the United States is an under-penetrated EV market, whereas China is a fully-penetrated EV market.

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Panasonic invests more in graphite supply for the North American market

Teslarati

The deal with NMG will further solidify Panasonic’s goal to strengthen its EV battery supply chain in North America. Panasonic Energy’s graphite supply deal with NMG starts with an investment of USD$25 million. The Tesla battery supplier also plans to invest additional funding of USD$ 150 million with co-investors.

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Tesla, Yahua extend lithium hydroxide supply agreement to 2030

Green Car Congress

China-based lithium salts producer Sichuan Yahua Industrial has extended the duration of its lithium hydroxide supply agreement with Tesla ( earlier post ) from 2025 to 2030. Yahua is one of the earliest chemical enterprises established after the founding of the People’s Republic of China.

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