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EV Metal Index jumps 85% in a month despite nickel, cobalt price drop - Vimarsana News

EV Metal Index jumps 85% in a month despite nickel, cobalt price drop

EV Metal Index jumps 85% in a month despite nickel, cobalt price drop Cheap and cheerful Wuling Hong Guang Mini EV Macaron. Image: General Motors MINING.COM’s EV Metal Index set a new record in March with a surge in overall deployment more than offsetting a pullback in the price of cobalt and nickel used in the battery supply chain.  The EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs (including hybrids) around the world, climbed to $554 million during the month, an increase of 84.7% over February, and bringing the first quarter total to $1.14 bi...

Source: mining.com
EV Metal Index Jumps 85% In One Month - Vimarsana News

EV Metal Index Jumps 85% In One Month

4 hours Biden Promises $20 Billion In Cybersecurity Funding 5 hours Iran To Bypass Key Oil Chokepoint By Exporting From Jask Terminal 6 hours Russia’s Gazprom Sees Global Gas Demand Growing Despite Green Push 24 hours Crude Oil Inventories See Smaller Than Expected Build 1 day Shell: Nigeria Oil Operations Are Incompatible With Net-Zero Plans 1 day EPA Orders Shutdown Of Caribbean Refinery 1 day CATL Beats LG And Panasonic To Become Leading Battery Maker 1 day Big ...

Tesla puts on hold plans for Shanghai plant expansion - Vimarsana News

Tesla puts on hold plans for Shanghai plant expansion

Tesla puts on hold plans for Shanghai plant expansion Tesla Model 3 Tesla has halted plans to purchase land for the expansion of its manufacturing plant in Shanghai in order to make it a global export hub, reports Reuters. The pause was due to uncertainty from growing tensions between the United States and China, the news wire was told by people familiar with the matter. The California-based electric vehicle maker now intends to limit the proportion of its output from China in its global production, two sources told Reuters, as 25% tariffs electric vehicles imported from China have been imp...

Amid Heightening US-China Tensions, Tesla Halts Expansion Of Its factory In Shanghai: Report - Vimarsana News

Amid Heightening US-China Tensions, Tesla Halts Expansion Of Its factory In Shanghai: Report

Amid Heightening US-China Tensions, Tesla Halts Expansion Of Its factory In Shanghai: Report by Swarajya Staff - May 11, 2021 09:11 AM Elon Musk launching a Beta version of Tesla’s V7.0 for the Model S in China in 2015 (VCG/VCG via Getty Images) Amid escalating strain in the relations between United States (US) and China, Elon Musk-led electric car maker Tesla Inc is said to have halted its plans to buy more land to expand its plant in Shanghai and to make it a global export hub, Livemint. In bygone March, Tesla is said to have refrained from bidding on a plot of land across the road fr...

Adamas: Tesla Consumed More Lithium Than Next 4 Brands Combined - Vimarsana News

Adamas: Tesla Consumed More Lithium Than Next 4 Brands Combined

Adamas: Tesla Consumed More Lithium Than Next 4 Brands Combined May 07, 2021 at 9:47am ET ++ Tesla is the largest "consumer" of lithium for EV batteries. Tesla was the largest electric car manufacturer in 2020, which directly translates to the level of consumption of key elements for batteries, like lithium (especially that Tesla's EV batteries are usually 50-100 kWh per pack). According to the latest report from Adamas Intelligence, in 2020 Tesla deployed 18,700 tonnes of Lithium carbonate equivalent (“LCE”) onto roads globally in the batte...