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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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Toyota Australia’s bZ4X price warning: ‘it’s not going to be cheap’

EV Central

READ MORE: Toyota bZ family to expand beyond bZ4X However, Toyota Australia vice president of sales and marketing Sean Hanley has again warned the bZ4X won’t be cheap in a sign that suggests it will be priced north of $70,000 before on-road costs. This car will not be a cheap car.”

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Cheap as frites: Renault Megane E-Tech adopts cheaper pricing in bid to turnaround Aussie fortunes

EV Central

The 2024 Renault Megane E-Tech has now permanently adopted the $10,000 discount that was introduced back in May, which means the small French electric SUV is now priced from $54,990 plus on-roads. The post Cheap as frites: Renault Megane E-Tech adopts cheaper pricing in bid to turnaround Aussie fortunes appeared first on EV Central.

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You can forget a cheap Japanese electric car in Australia: Red-tape ends Mitsubishi’s dream of sub-$30K eK SUV

EV Central

Mitsubishi Motors Australia says our vehicle approval process has stymied plans to introduce its cut-price Mitsubishi eK SUV that was shaping up to be the cheapest EV ever sold Down Under. READ MORE: Green light for electric cars!

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. Coal emerges as the biggest loser in the long run. —Elena Giannakopoulou, head of energy economics at BNEF.

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Pick me up! Fiat reveals the wild cheap electric ute that will spearhead its reinvention in Australia

EV Central

Fiat has ignored this week’s Geneva motor show and instead gone it alone revealing five all-new radical concepts including a battery-powered ute that it hopes will forge a new path to success in markets such as Australia. All five members of its new small car family set to make their debut over the next four years. The post Pick me up!

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Kia Soul EV review: the cheap electric car Australia missed out on

EV Central

We bleated away like blind sheep, buying Ford EcoSports at twice the rate we did Souls in 2019, the last year it was sold in Australia. With that horror show of a Blue Oval mini SUV trouncing the Soul’s 485 sales that year, no wonder Kia Australia pulled it after a decade of trying.

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