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While the United States government is incentivizing, through various programs, the onshoring of all steps of the electric vehicle production process in the country, US automakers have been turning to South Korean and Japanese battery producers to establish battery manufacturing joint ventures in the country, sources said
The London Metal Exchange has unveiled a series of proposals which, if successful, could accomplish what it failed to achieve close to a decade ago: bringing the investment community into the fold.
Market participants are converging on Bali in Indonesia for the Fastmarkets International Critical Minerals & Metals Summit (ICMMS) on September 5 and 6, so ahead of the event, we capture the main themes facing the global nickel market.
China’s lithium carbonate prices fell in the week to Thursday August 29, amid volatility in futures prices. Hydroxide prices also softened on the back of muted spot demand.
Ford Motor Co has joined the line-up of automotive companies pumping the brakes on the production of electric vehicles (EVs) and opting to focus instead on hybrid models.
Northvolt will shift development of its lithium-metal battery technology from California to Northvolt Labs, its research and development campus in Sweden, to consolidate its cell product portfolio, promote cross-innovation and enable cost efficiencies, according to the Swedish battery maker
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