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

Green Car Congress

In August 2019, CRU reported on the steady slide in prices that has occurred in the lithium market since the beginning of the year. Since then, prices have continued to fall, CRU notes. Lithium hydroxide has fallen by 30% to RMB 74,500/t, according to CRU’s price assessments. Source: Fastmarkets. Raw material oversupply.

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

Green Car Congress

CRU analysts observe that lithium prices have steadily declined since the end of Q1, finally crashing through the $10/kg LCE mark at the end of July. While many are forecasting long-run prices for lithium in the mid-teens LCE, citing refinery bottlenecks and the potential for ramp-up delays in the mining and refining sector, CRU disagrees.

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VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

The Vietnamese car company has only been around since 2017. It is now Vietnam’s largest corporate entity by far — with loads of global business partners, an insatiable appetite for growth, and serious political influence. But it has been building momentum quickly thanks to being a subsidiary of the multinational concomorate Vingroup.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. As of October 2017, 337,483 ZEVs have been sold in California. Price: The most expensive component of a ZEV is the battery.

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Don’t believe the haters: Why rumours of Tesla’s impending death have been greatly exaggerated

EV Central

In the past few months Tesla sales globally have dropped for the first time since 2020, the share price has taken a hit, revenue has fallen and the company has announced it is shedding 10 per cent of its work force. So what if the share price is down ? Besides, from a consumer perspective the share price is a moot point.

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Price Parity is Not the Key to EV Adoption in the US

EV Adoption

EV Price Parity With ICE Vehicles Is Fast Approaching. A lot of electric vehicle observers, analysts, and pundits like to say that, “When electric vehicles reach price parity with ICE vehicles – it’s game over gas-powered vehicles.” But at many levels, price parity may be the easiest part of the EV adoption equation.

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IHS cuts 2015 light vehicle sales forecast in China to 23.4 million; deeper cut for 2016

Green Car Congress

This has happened just once in the past 15 years—in 2008, at the height of the global recession. Retail vehicle registrations have maintained volumes far better than wholesale vehicle sales, which may provide stronger guidance for dealer orders. million in 2018.

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