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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

Green Car Congress

China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. Chinese EV sales through to July totalled 696,000 this year. However, the combined conversion capacities of these two market leaders is below 30% of total Chinese capacity.

Price 243
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Renault and Dongfeng form new $1.3-billion JV in China

Green Car Congress

The Dongfeng-Renault joint venture will establish a new manufacturing plant which will start producing vehicles in 2016. Sales of locally produced vehicles will start in 2016. The Renault brand has been present in the Chinese market with the imported cars such as Koleos and Fluence. The investment for the 50/50 JV totals 7.76

China 210
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Seres 3: Why this Chinese SUV is the worst EV I’ve driven

EV Central

Seres is a subsidiary of Chinese auto giant Dongfeng, and the Seres 3 has sold in China as the Fengon E3 since 2019. Seres’ global website says the company was founded in 2016 in Silicon Valley and launched its first car in China in 2018. But if the brand survives in France for that amount of time is another matter.

Chinese 96
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Volkswagen Group launching major electro-mobility campaign in China; $25B on new vehicles, technologies and plants up to 2018

Green Car Congress

Starting in 2016, this will be followed by two models developed specially for the Chinese market: These are the Audi A6 ( earlier post ) and a new mid-size limousine from the Volkswagen brand, both plug-in hybrids which are being developed together with the joint venture partners FAW Volkswagen and Shanghai Volkswagen and will be produced locally.

2018 290
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Volkswagen and JAC launch new JV for electric cars for mass market in China; 1st vehicle in 2018

Green Car Congress

In the presence of Federal Chancellor Angela Merkel and Chinese Premier Li Keqiang in Berlin, Volkswagen signed a joint venture agreement with the Chinese automaker Anhui Jianghuai Automobile (JAC). The objective is to deliver 400,000 electric vehicles to the Chinese market in 2020 and 1.5 million electric vehicles in 2025.

2018 170
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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

Green Car Congress

China is the world’s largest user of lithium, accounting for 57% of global demand in 2019, and is also the biggest supplier of lithium converted products. Chinese EV sales through to July totalled 696,000 this year, an impressive 41.5% Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments.

Price 252
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DEUTZ unveils new TCD 9.0 4-cylinder diesel in Shanghai

Green Car Congress

At Bauma China 2016, Asia’s biggest trade fair for construction equipment, DEUTZ and its Chinese joint venture, DEUTZ (Dalian) Engine (DDE) unveiled new TCD 9.0 The plan is for DEUTZ’s Chinese joint venture to manufacture the TCD 9.0 will also be manufactured in China by DEUTZ’s Chinese joint venture DEUTZ (Dalian) Engine.

Diesel 150