⚠️🇨🇳🇺🇸#china #us #battery #geopolitics
China's CATL slows battery investment plan for U.S., Mexico on concern that new U.S. rules will drive costs higher
new rules require automakers to have 50% of critical minerals used in EV batteries sourced from North America or U.S. allies by 2024, rising to 80% by the end of 2026
China's CATL slows battery investment plan for U.S., Mexico on concern that new U.S. rules will drive costs higher
new rules require automakers to have 50% of critical minerals used in EV batteries sourced from North America or U.S. allies by 2024, rising to 80% by the end of 2026
🌏#ev #cars #battery #marketsize
global electric vehicle battery market size = $46B in 2021 and $560B in 2030 (32% annual growth)
#PKX
global electric vehicle battery market size = $46B in 2021 and $560B in 2030 (32% annual growth)
#PKX
🇪🇺🇭🇺#europe #battery #hungary
Hungary takes the lead in electric car battery production — Hungarian Foreign Minister
#marketsize
Hungary takes the lead in electric car battery production — Hungarian Foreign Minister
#marketsize
🌎#lithium #battery #forecast
global demand for lithium batteries is expected to surge more than five-fold by 2030 as more people opt for electric vehicles and energy storage systems — public-private alliance Li-Bridge
#marketsize
global demand for lithium batteries is expected to surge more than five-fold by 2030 as more people opt for electric vehicles and energy storage systems — public-private alliance Li-Bridge
#marketsize
🇰🇷#PKX #battery #nickel #wathlist
Posco, a battery producer, could face challenges in supplying nickel from Indonesia due to potential restrictions by the US. The company assures that it has a well-diversified supply chain — FT
* majority of Indonesia’s nickel production and processing is controlled by Chinese companies. Involvement with Chinese partners on nickel and other battery-related ventures could fall foul of US legislation
Posco, a battery producer, could face challenges in supplying nickel from Indonesia due to potential restrictions by the US. The company assures that it has a well-diversified supply chain — FT
* majority of Indonesia’s nickel production and processing is controlled by Chinese companies. Involvement with Chinese partners on nickel and other battery-related ventures could fall foul of US legislation
💥🇰🇷#PKX #watchlist
Posco's stocks are surging:
- The company is placing a strong focus on batteries for electric vehicles and hydrogen #battery
- The conflict with China will compel US automakers to purchase more batteries from South Korea #us #cars
- The company is confident in its ability to outperform competitors (Ecopro BM and L&F)
Posco's stocks are surging:
- The company is placing a strong focus on batteries for electric vehicles and hydrogen #battery
- The conflict with China will compel US automakers to purchase more batteries from South Korea #us #cars
- The company is confident in its ability to outperform competitors (Ecopro BM and L&F)
🇨🇳#battery #china
BBG: battery prices in China are plummeting due to an oversupply of manufacturing capacity.
#ev #cars EV will be able to compete on a level playing field with conventional cars when the price of batteries falls to $100 per kilowatt-hour. In China, the price has already fallen to $53, which is very good for Chinese electric vehicle manufacturers.
#renewable solar and wind energy in China could greatly benefit from the decline in battery prices. Energy storage market continues to grow #marketsize
BBG: battery prices in China are plummeting due to an oversupply of manufacturing capacity.
#ev #cars EV will be able to compete on a level playing field with conventional cars when the price of batteries falls to $100 per kilowatt-hour. In China, the price has already fallen to $53, which is very good for Chinese electric vehicle manufacturers.
#renewable solar and wind energy in China could greatly benefit from the decline in battery prices. Energy storage market continues to grow #marketsize