Understanding the market dynamics of lithium prices

Lithium-ion, a key component in electric vehicles has seen a lot of fluctuation in market prices, which have dropped to CNY 2,05,000-2,46,000 a tonne, versus the highs of CNY 6,00,000 witnessed in November 2022. Lithium carbonate prices rose past CNY 190,000 per tonne, rebounding for the first time since plunging to the 19-month low of… Continue reading Understanding the market dynamics of lithium prices

Understanding the market dynamics of lithium prices

Lithium-ion, a key component in electric vehicles has seen a lot of fluctuation in market prices, which have dropped to CNY 2,05,000-2,46,000 a tonne, versus the highs of CNY 6,00,000 witnessed in November 2022. Lithium carbonate prices rose past CNY 190,000 per tonne, rebounding for the first time since plunging to the 19-month low of… Continue reading Understanding the market dynamics of lithium prices

Will the Lithium find be a hit or miss for India?

India’s imports of lithium-ion batteries jumped 54 percent to US$1.83 billion from a year earlier in the year ended March, Trade Ministry data show and almost 87 percent of the purchases came from China and Hong Kong. India wants to reduce drastically imports from its northern neighbour and hence the strategy of self-reliance is of… Continue reading Will the Lithium find be a hit or miss for India?

Will the Lithium find be a hit or miss for India?

India’s imports of lithium-ion batteries jumped 54 percent to US$1.83 billion from a year earlier in the year ended March, Trade Ministry data show and almost 87 percent of the purchases came from China and Hong Kong. India wants to reduce drastically imports from its northern neighbour and hence the strategy of self-reliance is of… Continue reading Will the Lithium find be a hit or miss for India?

Will the Lithium find be a hit or miss for India?

India’s imports of lithium-ion batteries jumped 54 percent to US$1.83 billion from a year earlier in the year ended March, Trade Ministry data show and almost 87 percent of the purchases came from China and Hong Kong. India wants to reduce drastically imports from its northern neighbour and hence the strategy of self-reliance is of… Continue reading Will the Lithium find be a hit or miss for India?

Will the Lithium find be a hit or miss for India?

India’s imports of lithium-ion batteries jumped 54 percent to US$1.83 billion from a year earlier in the year ended March, Trade Ministry data show and almost 87 percent of the purchases came from China and Hong Kong. India wants to reduce drastically imports from its northern neighbour and hence the strategy of self-reliance is of… Continue reading Will the Lithium find be a hit or miss for India?

Could India’s lithium finds lead to cheaper batteries?

Back in February, the Geological Survey of India, which creates and updates mineral resource assessments, announced it had found roughly 5.9 million tonnes of lithium in the Reasi district of Jammu and Kashmir. Then, in a response to an RTI query from our sister publication Autocar Professional, it revealed it was also working on deposits… Continue reading Could India’s lithium finds lead to cheaper batteries?

Could India’s lithium finds lead to cheaper batteries?

Back in February, the Geological Survey of India, which creates and updates mineral resource assessments, announced it had found roughly 5.9 million tonnes of lithium in the Reasi district of Jammu and Kashmir. Then, in a response to an RTI query from our sister publication Autocar Professional, it revealed it was also working on deposits… Continue reading Could India’s lithium finds lead to cheaper batteries?

CEO Jim Farley tells industry analysts the automaker has ‘been stuck in a box’

Ford CEO Jim Farley climbed out of a Lincoln Navigator at 6:31 a.m. Monday and headed into the Ford Experience Center in Dearborn, where hundreds of industry analysts and reporters were gathering for his much-anticipated speech designed to inspire investors. Ford executives provided highlights of what to expect from the 120-year-old automaker, ranging from where… Continue reading CEO Jim Farley tells industry analysts the automaker has ‘been stuck in a box’

GM invests $270K in Flint nonprofits, including STEM programs

General Motors said Monday it is providing grants to 157 nonprofit organizations in the communities surrounding its U.S. factories. The grants will total $3 million. As part of it, GM is earmarking $270,000 to go to eight nonprofits in Flint, where GM has Flint Assembly and Flint Engine plants. GM makes its heavy-duty pickups at… Continue reading GM invests $270K in Flint nonprofits, including STEM programs