Issue #180 November 8, 2022 | |
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Graphic: Investing.com, U.S. Geological Survey | |
With demand for electric vehicles on the rise, and production bans for petrol and diesel cars in some key markets on the horizon, one of the essential metals required to fuel this mobility boom, has been surging in price lately.
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Battery metals deployment rises as EV sales continue to climb | |
During the first half of 2022, 117,200 tonnes of lithium carbonate equivalent (LCE) were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, an increase of 76% year-over-year.
According to Adamas Intelligence’s biannual State of Charge report, rising sale numbers in battery materials supply chains are the consequence of global passenger EV registrations rising by 42% in 2022 H1 compared to the same period the year prior, amounting to 6.23 million units, up from 4.40 million units in 2021 H1.
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Source: Ahwatukee Foothills News | |
States pressured to install more EV charging stations | |
With more electric vehicles humming down highways, states are under increasing pressure to install more public charging stations to make sure the juice keeps flowing.
The challenge is particularly acute in California, which adopted a rule in August to gradually phase out sales of new gas-powered vehicles by 2035 with the goal to reduce greenhouse gas emissions and to help fight climate change.
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CATL, VinFast to develop EV chassis integrating battery pack, electric motors | |
China’s largest battery supplier, CATL, will collaborate with Vietnamese EV maker VinFast to develop a chassis that integrates battery packs, electric motors and other components into a single layer at the bottom of a vehicle.
The “integrated intelligent skateboard chassis” can reduce EVs’ “purchasing cost and energy consumption while maximizing cabin space,” CATL said, without divulging further details about the chassis.
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Livent looks to Canada for lithium growth opportunities | |
Lithium producer Livent Corp is eyeing acquisitions in Canada and other countries as it looks to boost its production and processing of the metal used to make electric vehicle batteries, its chief executive told Reuters.
Already one of the top global producers of the metal, Livent has expansions underway across the globe, including Canada, but wants to grow more to meet the rising demand for the metal from the electric vehicle (EV) and renewable energy industries.
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The new gig(a) economy causes lithium battery demand to jump | |
CNBC’s Pippa Stevens joins ‘The Exchange’ to report on the new gig(a) economy and the investment in lithium-ion batteries in an effort to push electrification. | |
Lithium Frenzy Sees China Ceramics Hub Refocus on Battery Metals | |
Here’s another sign of the world’s lithium frenzy: Chinese factories that typically make ceramics for bathroom tiles are switching to supply the electric-vehicle battery material instead. | |
World’s top battery maker CATL grabs stake in DRC cobalt-copper miner | |
During the first half of 2022, 117,200 tonnes of lithium carbonate equivalent (LCE) were deployed onto roads globally in the batteries of all newly sold passenger EVs combined, an increase of 76% year-over-year.
According to Adamas Intelligence’s biannual State of Charge report, rising sale numbers in battery materials supply chains are the consequence of global passenger EV registrations rising by 42% in 2022 H1 compared to the same period the year prior, amounting to 6.23 million units, up from 4.40 million units in 2021 H1.
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