New EV battery designs unlikely to dampen metals demand, miners say

Aug 6 (Reuters) – Mining companies say they do not fear a plan by China’s CATL (300750.SZ) to make an electric vehicle (EV) battery without lithium or other key metals because the new design will have a limited range and more-powerful rival battery technologies will gobble up minerals supply in coming years. The industry’s confidence is born […]

New EV battery designs unlikely to dampen metals demand, miners say

Aug 6 (Reuters) – Mining companies say they do not fear a plan by China’s CATL (300750.SZ) to make an electric vehicle (EV) battery without lithium or other key metals because the new design will have a limited range and more-powerful rival battery technologies will gobble up minerals supply in coming years. The industry’s confidence is born […]

Biden’s Electric-Vehicle Target Is All About the Drive

A certain school of thought holds long-term targets as meaningless, as the people making them will no longer be in their job by the time they are proved right or wrong. That’s especially the case for a two-term limited U.S. president. But when it comes to Joe Biden and electric vehicles, it hardly matters whether […]

EV Batteries: The Next Victim of High Commodity Prices?

Ever-cheaper batteries over the past decade have made electric vehicles more price-competitive. But rising demand for EVs could now disrupt that trend. The race to secure key materials will become more crucial. Prices of battery materials have skyrocketed this year as EV demand jumps. Prices of lithium carbonate, used in cathodes, have doubled year-to-date, according […]