Chinese battery maker Contemporary Amperex Technology, the world’s largest and better known as CATL, has penned a global purchase order to put its cells in Daimler trucks and buses as the firm furthers its supplies to Europe, a key market...
Read moreThe first China-made new energy vehicle(NEV) to be sold in the European Union may come from Aiways, a less than three-year-old Tencent-backed startup. TUV Rheinland gave the Aiways U5 sport-utility vehicle the European Framework Directive for...
Read moreChinese battery cell maker Contemporary Amperex Technology Co (CATL) <300750.SZ> is considering expanding to North America, one of its senior executives said on Tuesday. CATL is currently preparing to start construction on its first...
Read moreExpectations of booming demand for electric vehicles have bolstered the longer term bull case for nickel, and a supply crunch, following threats of a shutdown of a major Asian supplier only added fuel to the fire on Friday. Nickel is now up 65%...
Read moreTianqi Lithium Kwinana, a subsidiary of China’s Tianqi Lithium, has landed a five-year contract selling lithium hydroxide to LG Chem. The Western Australia-based unit will sell at least 15 percent of annual output at its new production...
Read moreWhile it is a known fact that electric vehicles (EVs) use about four times more copper than gasoline-powered vehicles, short-term demand for the metal won’t come from the car industry, but from the charging stations and related infrastructure...
Read moreRio Tinto on Friday said it had moved a step closer to the development of a new copper project in Arizona, one of the few known major deposits of the metal, with the potential to meet around a quarter of U.S. demand. Miners have been scouring the...
Read moreGlencore Plc is planning to halt production at one of the world’s biggest cobalt mines after prices for the battery metal collapsed and costs at the project increased, according to a person familiar with the situation. The announcement that...
Read moreChile’s Codelco, the world’s top copper miner, has signed a non-binding agreement with foreign-backed miner Salar Blanco to develop a joint lithium project at the little-known Salar de Maricunga salt flat, in the country’s north. The move, said...
Read moreDidi says it will form a joint venture with BP aimed at providing charging services to Didi and non-Didi car owners. The aim is to scale up the charging network “significantly” in China after the joint venture with BP is established. China is the...
Read moreGrowing global demand for batteries that power electric vehicles (EVs) and high tech devices is set to cause a supply crunch of lithium, cobalt and nickel by the mid-2020s, global consultancy Wood Mackenzie predicts. The firm’s latest research...
Read moreBeijing-based carmaker BAIC Group has taken a 5 percent stake in Stuttgart, Germany-headquartered auto producer Daimler to cement their long-term cooperation, the Chinese firm announced today. The deal gives it a 2.48 percent direct holding and...
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