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Benchmark Gigafactories Europe paints grim raw material supply picture; “Auto OEMs will need to become miners”

Green Car Congress

Benchmark Mineral Intelligence held its inaugural Battery Megafactories Europe 2022 event in Berlin; the event zeroed in on a number of pertinent points for the continent’s EV and battery supply chain. Lack of supply is not due to any geological constraints but to a simple lack of capital investment to build future mines.

Supplies 284
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Fisker reveals production-intent version of Fisker Ocean at LA Auto Show

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Fisker revealed its Fisker Ocean electric SUV at the Los Angeles Auto Show. The base Fisker Ocean Sport trim level is priced at $37,499, before federal and state tax credits. The first 5,000 vehicles produced will be Fisker Ocean One, also priced at $68,999. The Fisker Ocean Sport will have an expected 0-60 mph time of 6.9

Fisker 449
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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.

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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. There has been a little bit of softness in pricing.

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ABB Robotics auto manufacturing survey finds 59% of respondents believe EV adoption targets not achievable within regulatory timelines

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The respondents surveyed highlighted challenges in adapting to a new battery supply chain; concerns over high levels of capital investment required; shortages of raw materials; suitable infrastructure; and lack of grid capacity.

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

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Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing. metric tons annually and eliminate dangerous NO x and PM tailpipe emissions that contribute to air pollution.

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SK IE Technology to supply separators for EV batteries to Sunwoda

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SK IE Technology (SKIET) signed an MOU with Sunwoda , the 9 th largest battery manufacturer in terms of global market share (according to SNE Research in 2022), to strengthen cooperation in supplying battery separators. SKIET plans to supply separators produced at its Changzhou factory in China to Sunwoda.

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