General Motors (GM) plans to reduce the price of electric vehicles (EVs) in the United States by expanding the range of battery chemistries it uses to include lithium-iron phosphate (LFP), its vice president of batteries, Kurt Kelty, told an annual investor’s panel on Tuesday October 8

China’s non-grain oriented electrical steel prices rose in the two weeks to Friday October 11, on price hikes by Chinese mills and amid India's anti-dumping probe into Chinese imports, sources said.

In this episode, we focus the limelight on lithium, a pivotal player in the global energy transition

The recycling of lithium iron phosphate (LFP) batteries remains at a nascent stage in Europe as we approach LME Week 2024, with weak lithium prices and a lack of buyers for LFP black mass keeping its economic viability low.

The price of standard-grade cobalt has fallen to its lowest so far this year in the week ending Friday September 20, on slow demand and continued oversupply.

Chinese steelmakers are strengthening their position as global leaders in electrical steel after China's introduction of new motor efficiency standards, but experts have warned that supply may soon outpace demand and that overcapacity in high-end electrical steel products could generate downward pressure on prices.

Europe's automakers are increasingly vocal about the challenges they face in meeting the EU's stringent decarbonization targets, citing growing concerns over economic uncertainty, consumer reluctance to adopt electric vehicles (EVs) and shrinking production margins.

Delays in US policy support for its domestic anode supply chain have made investment decisions harder, even as expectations for a medium-term supply shortage persist, Shaun Verner, chief executive officer of Australia-listed Syrah Resources, told Fastmarkets in an interview in August

The move to place tariffs on electric vehicles (EVs) imported from China by many countries to varying degrees has resulted in changing trade flows and affected supply chains. Looking at the trade data however, not much has changed yet with EVs still arriving on European shores in volume.

Fastmarkets has compiled a unique, comprehensive overview of electric vehicle (EV) import duties across key markets, including policy announcements, illustrating the disparities and shifting approaches.