Rising fuel costs offset slowing electricity prices, Spanish inflation unexpectedly accelerates, rising electricity prices lead to a sudden acceleration of inflation across EU countries. Inflation accelerated Inflation unexpectedly accelerated in Spain, denting hopes that record prices in the euro zone are peaking and putting more pressure on the ECB to act. …
Musk praises China, rejects India! new energy vehicles usher in a sales improvement cycle. On May 30, Tesla CEO Elon Musk praised China on Twitter on a foreign social media platform, saying: “It seems that few people realize that China is leading the world in renewable energy power generation and electric vehicles, no matter how…
Tesla and other EV companies demand federal government to invest in heavy-duty truck charging infrastructure. Joint demand Tesla joins other EV companies and environmental groups in demanding that the Biden administration invest in charging infrastructure for electric buses, trucks and other medium- and heavy-duty vehicles. The groups want the U.S. government to spend 10…
Why do electric vehicles need 800V charging ? The rise of silicon carbide is a “perfect match” with the 800V high-voltage platform system of electric vehicles. Different from the charging requirements of the energy storage lithium battery system, the power battery charging technology of pure electric vehicles is purely in some controversial discussions. Under the…
12V lithium battery solution to replace traditional lead-acid batteries. The 12V battery has been used in fuel vehicles for nearly a century, and it has gradually transformed from the original 6V to the existing mainstream 12V low-voltage system. A new trend With the increasing number of low-voltage electrical equipment in the car, the market’s…
Some lithium battery manufacturers are building an energy science system based on material science and digital science, which will start a new journey of battery research and development. Mainland China is becoming the source of a new round of global power battery technology innovation, and companies are leading the industry with diversified, combined and sustainable…
IEA: Battery pack prices could rise 15% this year, lithium production needs to increase six fold by 2030 Tags: Power batteries, new energy vehicles, electric vehicles In 2021, though, battery prices will fall by 6% to $132 per kilowatt, according to the IEA report. If the price of battery metal materials stays at Q1 levels…
Auto stocks have been prominent performers in China’s stagnant stock market。 Tax cut The tax cut will be one of the most effective policies to boost EV car sales, exceeding market expectations and expected to drive 1 million to 2 million new passenger car demand. China’s A-shares recovered 3,100 points and were stuck in…
BMW enters the large cylindrical battery market, and 4680 batteries continue to heat up. Under the effect of Tesla, it is expected that more car companies will follow the technical route of large cylindrical lithium batteries in the future as a reliable way to enhance their comprehensive competitiveness and accelerate the transformation of electrification. …
Electric vehicles overtake mobile phones as top source of cobalt demand Auto industry consumes 59,000 tons of cobalt in 2021, accounting for 34% of total demand as EV and HEV sales double The auto industry will consume 59,000 tons of cobalt in 2021, or 34% of total demand, as sales of electric and hybrid vehicles…
Lithium-ion battery raw materials are rising like a rainbow, electric car manufacturers have no choice The rising price of lithium battery raw materials is transmitted to the whole vehicle, which is the main reason that the major new energy vehicle manufacturers emphasize when adjusting the price. However, in the long run, the power of the…
A wave of electric cars has sparked competition for lithium minerals, companies around the world compete for lithium resources, and producers are better off with long-term contracts. Competition A few months ago, Tesla Inc. signed a three-year deal with GF Lithium to supply battery grade lithium hydroxide. Investors were thrilled by the news. Also, the…