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Read more about how to drive business success in the EV revolution

Access Fastmarkets' ebook for electric vehicle manufacturers below

Whether you’re in procurement, an analyst or working in corporate development in the battery materials supply chain, you need insights, forecasts and price data that you can trust. With Fastmarkets’ battery material insights and forecasts, you can make informed decisions, anticipate changes in this rapidly evolving market and drive your business to success.
Access further insights to gain a competitive edge

The drive towards electrification and surge in demand for electric vehicles (EVs) has presented a complex set of challenges for the EV industry. You’ll need Fastmarkets forecasts and insights to help you:

  • Optimize your supply chain by strengthening your purchasing strategy and inventory management by offering access to price changes and material costs
  • Plan for the future when the volatility of raw materials prices makes it difficult to secure supplies and ultimately impacts EV profitability
  • Reduce price risks in your value chain by gaining visibility over the production of raw materials and the associated costs
  • Focus on creating a sustainable battery material supply chain by investing in battery recycling to close the EV supply chain loop

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Find out what else is happening in the battery raw materials market
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
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
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
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