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Piedmont Lithium amends agreement with Tesla; sourcing SC6 from Québec operation

Green Car Congress

Piedmont Lithium ( earlier post ) has amended its earlier agreement with Tesla to supply the US automaker with spodumene concentrate (SC6) from North American Lithium (NAL). Piedmont plans to deliver SC6 to Tesla from NAL under Piedmont’s offtake agreement with Sayona Québec.

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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Due to a steady increase in availability of new models, expanded price mix within existing models and widening eligibility of federal and state incentives, acquisition cost is starting to fade as a hurdle to EV adoption, according to J.D. Additionally, both manufacturers recently announced significant price cuts on both models.

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Magnis signs offtake agreement with Tesla for anode active materials; N. American production

Green Car Congress

Australia-based Magnis Energy Technologies has entered into a binding offtake agreement with Tesla for the supply of anode active materials (AAM) beginning in February 2025 with fixed pricing.

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

Green Car Congress

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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Tesla unveils its Cybertruck electric pickup

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Pricing starts at $39,900 for the entry-level single motor version. Tesla is taking fully refundable $100 reservations now. The design of the truck features an exterior shell—an exoskeleton—featuring Ultra-Hard 30X Cold-Rolled stainless-steel structural skin and Tesla Armor Glass.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Tesla cuts Model 3, Y price again: Is an EV price war here yet?

Green Car Reports

Tesla late Thursday introduced yet another price cut for its Model 3 and Model Y, as represented on its consumer website, bringing the price of these new EVs down to their lowest ever.

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