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BYD NEV sales up 262.9% YOY in October

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In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%

BYD 448
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Cox Automotive: Wholesale used vehicle prices in US rise halfway through November compared to October

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Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.9% As was the case in October, some of the monthly increase is a result of the seasonal adjustment, as November typically sees above-average vehicle depreciation and therefore used price declines. increase from November 2020. year over year.

Price 394
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TTTech Auto expands in China with MotionWise software platform for automated driving

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TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

China 368
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CRU: lithium price downtrend continues, with disappointing EV sales in China the driver

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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. Although this marks an impressive 41.5%

Price 243
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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

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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.

Supplies 252
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Benchmark Mineral: China’s zero-COVID policies weigh on lithium and cobalt prices

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Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. Consultancy Rho Motion now forecasts Chinese EV sales of 5.6

Price 279
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ŠKODA AUTO launches production of MEB battery systems at Mladá Boleslav headquarters

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ŠKODA AUTO has started manufacturing battery systems for all-electric vehicles based on the Volkswagen Group’s Modular Electrification Toolkit (MEB) in Mladá Boleslav. By then, the company expects to have increased the share of all-electric car sales in Europe to between 50 and 70%, depending on market developments.

Auto 273