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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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Lux Research: despite cheap oil, niche plug-in vehicle sales will be resilient; conventional hybrids to be hardest hit

Green Car Congress

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil.

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Cheap Gas Will Cause Electric-Car Sales To Plummet: True Or False?

Green Car Reports

In this case, it''s the notion that electric car sales will plummet with the arrival of vastly lower gasoline prices. There''s been a lot of conventional wisdom floating around lately. We''d suggest that perhaps this is not quite as much of a foregone conclusion as many pundits think.

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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. In contrast, low energy, cheap LFP packs sourced from China can be used for the low energy needs of electric scooters. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data.

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Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export

Electrek

The BYD Seagull looks a lot like the venerable Chevy Bolt EV , but comes in at a literal fraction of the price… but with a fraction of the specs as well. more… The post Chevy Bolt cheap? This Chinese knockoff is a third the price, readying for export appeared first on Electrek.

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

EV Central

But rather than the version of the car that is already on sale overseas, the Toyota bZ4X that will arrive late in the year will be an updated model that is yet to be revealed. This car will not be a cheap car.” The only clue to how expensive the bZ4X could be was in Toyota Australia suggesting it could be double the price of a RAV4.

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Never mind the cheap gas; survey points to strong interest in mpg

Green Car Reports

Conventional wisdom says low gas prices are poison to sales of fuel-efficient cars, but a new survey indicates that may not be the case. Despite average gas prices of less than $2.00

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