Competitive situation and future prospect of power battery industry From the perspective of business models, with policy support and manufacturing barriers, the power battery industry is a sector that is difficult to be affected by macroeconomic fluctuations in the short term, and is full of imagination and certainty in the long run. “one superpower…
Global carbon pricing revenue to reach $84 billion in 2021. All Chinese state-owned listed companies to disclose ESG reports by 2023. China Salt Lake Co., Ltd. invests in the construction of a 40,000-ton lithium salt project The World Bank released the 2022 Global Carbon Pricing Status and Trends Report. According to…
Goldman Sachs, battery metals bull market has come to an end, lithium prices expected to fall to more than $16,000 per ton next year. Investors’ enthusiasm leads to oversupply, “investors are fully aware that battery metals will play an important role in the global economy in the 21st century” Goldman Sachs’prediction …
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. …
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…
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…
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…
Nickel giant QS Holdings has slashed short positions by more than half, nickel prices continue to fall, QS has not yet carried out any delivery Global nickel giants embroiled in an epic short-selling battle earlier this year have covered more of their short positions in recent weeks, cutting them by more than half since the crisis…