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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. The raw materials obtained in this way are then used in production of new battery cells for the BMW Group.

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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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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. The Quebec and federal governments are kicking in C$150 million every. It’ll assemble cathode energetic subject material (CAM) for EV batteries.

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. The Quebec and federal governments are kicking in C$150 million each and every. It’ll form cathode lively subject material (CAM) for EV batteries.

GM 52
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GM commits $400M to new Canadian battery materials plant for Ultium platform

Teslarati

GM said in a press release that the cathode material being produced at the plant is a “key battery material consisting of components like processed nickel, lithium and other materials representing about 40% of the cost of a battery cell.”

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

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State of the art production methods. 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. Dedicated machinery and infrastructure for the batteries will result in high production rates.

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