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    • Tata Group’s UK gigafactory to produce cobalt and lithium-based batteries
      Tata Group announced this week that it is to invest £4 billion ($5.2 billion) in a 40GW battery cell 'gigafactory' in the UK - producing both lithium and cobalt-based batteries for car manufacturers in the UK and across Europe
      July 20, 2023
       · 
      By Sayaka Kurata
      Insights
    • LFP batteries extend dominance over NCM batteries in China
      China’s preference for lithium iron phosphate (LFP) batteries continued to grow in June, with the country’s output of such batteries rising by 11.64% month on month to 42.2 gigawatt hours (GWh), according to data from China Automotive Battery Innovation Alliance (CABIA)
      July 19, 2023
       · 
      By the Fastmarkets team, Sybil Pan, Zihao Li, Yiwen Ju
      Insights
    • China’s auto sales rise for second month in June amid broad economic recovery
      China’s auto output and sales rose for a second straight month in June, due to central and local government stimulus measures, along with carmakers introducing new models and sales incentives to try and hit their mid-year sales targets
      July 18, 2023
       · 
      By the Fastmarkets team, Carrie Shi, Sybil Pan, Ruby Liu, Zihao Li, Zihuan Pan, Yiwen Ju
      Insights
    • Rising cobalt prices spur demand for LCO black mass in Asia
      Higher prices for cobalt metal have led to increased interest for assays of lithium cobalt oxide (LCO) black mass in Asia, sources told Fastmarkets on Wednesday July 12
      July 14, 2023
       · 
      By Lee Allen
      Insights
    • Electric car charging using renewable energy
      Confusion persists over requirements of Inflation Reduction Act on battery raw materials
      The battery raw materials markets continued to be confused and uncertain because of the requirements about the sourcing of key raw materials set out by the US Inflation Reduction Act (IRA), Fastmarkets heard on Wednesday July 12
      July 14, 2023
       · 
      By Callum Perry
      Insights
    • EU strengthens battery recycling targets after government heads approve battery regulation
      More stringent targets for the recycling of batteries are about to enter into force in the European Union (EU) after heads of government who met at the Council of the EU moved to rubber-stamp the bloc’s battery regulation this week
      July 13, 2023
       · 
      By Lee Allen
      Insights
    • Core Lithium announces second spodumene shipment as consumers look to diversify sources
      Australian lithium miner Core Lithium will export its second shipment of spodumene concentrate to offtake partner Sichuan Yahua on Wednesday this week, it announced on Tuesday July 11
      July 13, 2023
       · 
      By Dalila Ouerghi, the Fastmarkets team, Callum Perry
      Insights
    • Right-sizing EV battery packs to reduce cost and BRM supply constraints
      As the battery materials market continues to experience price volatility, we use the Fastmarkets NewGen Battery Cost Index to explore future cell costs and discover whether smaller battery packs offer a solution to the raw material supply crunch
      July 12, 2023
       · 
      By Muthu Krishna
      Insights
    • Repair power bank, high current 18650 lithium-ion batteries
      China’s graphite electrode prices drop further and spread widens for UHP
      China’s export market for graphite electrodes, high power (HP) and ultra-high power (UHP), dropped for a third consecutive fortnight on Wednesday July 5 amid slow demand and due to producers using different raw materials
      July 11, 2023
       · 
      By the Fastmarkets team, Jon Stibbs, Sybil Pan
      Insights
    • 3D illustration of electric vehicles charging
      Yunnan Shanshan fires up new graphite anode project amid challenging market conditions
      Yunnan Shanshan, a subsidiary of major graphite anode producer Shanshan Technology, started production at its new manufacturing base in China’s Yunnan province on Friday June 30
      July 7, 2023
       · 
      By Sybil Pan
      Insights
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