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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. Many OEMs and dealers have engaged in huge marketing events for traditional cars and offered large discounts to consumers. Source: Fastmarkets.

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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. Many OEMs and dealers have engaged in huge marketing events for traditional cars and offered large discounts to consumers. in July based on official CAAM statistics.

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Aussie electric truck maker SEA joins the race to build a Toyota Hilux EV

EV Central

SEA is the third Australian company to go public on plans to develop electric utes following on from H2X Global and Roev. But while Roev and H2X are start-ups yet to go into production, SEA was established in 2013 in Melbourne and began converting trucks using its own battery electric powertrains in 2017.

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Tesla delivers 6,457 Model S cars worldwide in Q1; GAAP net loss of $50M, non-GAAP net of $17M

Green Car Congress

During the first quarter of 2014, Tesla Motors produced a record 7,535 Model S vehicles for global delivery; the company also delivered 6,457 cars worldwide—slightly exceeding guidance—while also filling the pipeline of deliveries into Europe and Asia. North American net orders grew sequentially by more than 10% in the quarter.

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Opibus raises $7.5M to mass-produce electric buses & motorcycles

Electric Vehicles India

Opibus’ CEO and co-founder, Filip Gardler said that “We are proud to be backed by globally recognized investors providing a balance between deep-tech and emerging market expertise. Opibus founded in 2017 develops, designs, and manufactures electric vehicles. The Swedish-Kenyan company raised $5 million in equity and $2.5

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Top EV Charger Manufacturers in India

Electric Vehicles India

According to the Society of Manufacturers of Electric Vehicles, electric vehicles sold in India including two-wheelers, three-wheelers, four-wheelers in 2017-2018 was 56,000 units, 1,29,600 units in 2018-2019 and 1,55,400 in 2019-2020. It also has a global combined AC & DC charge solution. Delta Electronics India.

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Battery capacity needs to power EVs in India from 2020 to 2035

Electric Vehicles India

According to the International Council On Clean Transportation, the NITI Aayog describes ACCs as battery cells with the new generation, advanced storage technologies that can store electric energy as chemical energy and convert it back to electric energy when required.

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