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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. Although this marks an impressive 41.5%

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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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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

You have to be wealthy enough to buy the whole car and then wait for your tax-break kickback in April. But if you’re not in that class of buyers, you often need the money when you buy the car or you’re not going to buy it. —Roberson and Helveston (2022).

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Tesla (TSLA) gets “Buy” rating and $295 price target from Deutsche Bank

Teslarati

Tesla ( NASDAQ:TSLA ) has received an optimistic “Buy” rating and $295 price target from Deutsche Bank analyst Edison Yu. With his $295 per share price target for TSLA shares, Yu’s estimate for the electric vehicle maker is among the highest on Wall Street. Don’t hesitate to contact us with news tips.

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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

Green Car Congress

IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. So, while the market is growing, the price remains the main hurdle: a motorcycle with a 14 kWh battery pack sells for more than $15,000 today.

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Been Waiting To Buy An EV? GM’s Price Reduction On The Blazer EV Is Your Chance

CleanTechnica EVs

General Motors (GM) has finally announced it is resuming sales of its Chevrolet Blazer EV. continued] The post Been Waiting To Buy An EV? GM’s Price Reduction On The Blazer EV Is Your Chance appeared first on CleanTechnica. Software glitches prodded the company.

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Lectric Christmas in July e-bike deals, AeroGarden Bounty Basic at lowest price in years, Best Buy EV sale, more

Electrek

Closing out this busy week’s Green Deals, we first have a little winter holiday cheer that arrives six months early in the form of Lectric’s Christmas in July sale that is taking up to $393 off its popular e-bike bundles, with the XP Foldable e-Trike leading the pack at $1,499 and coming with $393 in free accessories.

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