TDITD
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"CAMI DG Spotted, Fire at will"
https://www.youtubetrimmer.com/view/?v=wgzxSr6l9Y4&start=44&end=130&loop=0
AVZ Discussion 2022
- Thread starter GazDix
- Start date
https://www.youtubetrimmer.com/view/?v=wgzxSr6l9Y4&start=44&end=130&loop=0
Frank
Top 20
The Top 10 EV battery manufacturers in 2022
The top 10 EV battery manufacturers in 2022
The global electric vehicle battery market is expected to grow from $17 billion to more than $95 billion between 2019 and 2028.
With increasing demand to decarbonize the transportation sector, companies producing the batteries that power EVs have seen substantial momentum.
Despite efforts from the United States and Europe to increase the domestic production of batteries, the market is still dominated by Asian suppliers.
The top 10 producers are all Asian companies.
Currently, Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
The leading battery supplier, CATL, expanded its market share from 32% in 2021 to 34% in 2022.
One-third of the world’s EV batteries come from the Chinese company.
CATL provides lithium-ion batteries to Tesla, Peugeot, Hyundai, Honda, BMW, Toyota, Volkswagen, and Volvo.
Despite facing strict scrutiny after EV battery-fire recalls in the United States, LG Energy Solution remains the second-biggest battery manufacturer.
In 2021, the South Korean supplier agreed to reimburse General Motors $1.9 billion to cover the 143,000 Chevy Bolt EVs recalled due to fire risks from faulty batteries.
BYD took the third spot from Panasonic as it nearly doubled its market share over the last year.
The Warren Buffett-backed company is the world’s third-largest automaker by market cap, but it also produces batteries sold in markets around the world.
Recent sales figures point to BYD overtaking LG Energy Solution in market share the coming months or years.
The age of battery power
Electric vehicles are here to stay, while internal combustion engine vehicles are set to fade away in the coming decades.Recently, General Motors announced that it aims to stop selling ICE vehicles by 2035, while Audi plans to stop producing such models by 2033.
Besides EVs, battery technology is essential for the energy transition, providing storage capacity for intermittent solar and wind generation.
As battery makers work to supply the EV transition’s increasing demand and improve energy density in their products, we can expect more interesting developments within this industry.
www.mining.com
Food for thought on a Thursday Folks
Cheers
Frank
Frank
Top 20
The DRC will be able to house the first electric battery manufacturing plant in Africa
The government of the DRC and the United Nations Economic Commission for Africa (ECA) will accelerate the operationalization of the cross-border Special Economic Zone where the first manufacturing plant for electric battery precursors will be installed.
This commitment was made this Tuesday, October 4 in Addis Ababa, Ethiopia, during the 2nd Pan-African Mining Forum.
Participants at this forum shared their experiences on the Pan-African Electric Battery Industry Project, piloted by the Democratic Republic of Congo.
After this pan-African forum in Addis Ababa, the operationalization of the cross-border Special Economic Zone where the first factory for the manufacture of electric battery precursors will be installed will be accelerated by the Congolese government and the ECA with its various technical and financial partners. indicated Augy Bolanda, project manager of the Agency for Special Economic Zones (AZES).
Auguy Bolanda said that the DRC has already made a site available:
"Today, the DRC has already given the site, we are waiting for the minister to discuss with the experts of the ECA to see how to continue with the implementation of this special economic zone".
In addition, during the meeting in Addis Ababa, the DRC shared its experiences on mining. This sharing of experiences was welcomed by ECA.
Professor Jean-Marc Kilolo, an economist with this UN commission, already sees the spearhead role of the DRC in this project:
"The DRC, through this project, is truly a spearhead of industrialization, an industrialization based on natural resources, and in this case, on mines".
This pan-African electric battery industry project piloted by the DRC will be at the heart of the African Union summit on industrialization and economic diversification to be held in Niamey, Niger, from November 20 to 25, 2022.
Read also on radiookapi.net:
National economy: importance of the special economic zone DRC industrialization plan: what are the implementation strategies?
Frank
Top 20
Fastmarkets says spodumene worth over US$7000/t
Lithium plays continue to hit new highs
Only two days ago Pilbara Minerals crossed the $5 per share barrier for the first time, a dramatic 50,000% increase on its penny stock status when it made the fateful purchase of the Pilgangoora lithium and tantalum project in 2014.
It’s up 9.2% again this morning to a new record of $5.585, continuing the escalating gains the lithium market bellwether has seen in 2022, now up almost 60% year to date.
One of the key triggers was a big pricing update, with Fastmarkets lifting its mid-point spodumene spot price by a massive US$600/t to US$7350/t.
John25
Regular
TDITD
Top 20
Never seen so much dam talking about what 'we' are going to do, with so little action, in fact actions from their side are actively delaying anything from happening as we are seeing with our expedited ML.
Carlos Danger
Top 20
geez the silence the last few days gives nothing away that anything is happening. Is there a big announcement and party tonight or tomorrow night? anyone with sources in the drc know of invites to press and nige? fox, nellie, solo, etc what the fuck is happening? lots of tidbits and rumours of something positive but until see an actual official announcement more or less means squat other than a bit of hope. I suspect like many here I'm going to be mightily depressed and angry if we get another extension next monday.
I tend to think that for the very big moments and big announcements, no one is going to know what’s happening. So for me silence is a good sign. Always enjoyable reading rumours but they rarely come to fruition. Of all the major announcements, we have never heard peep before hand.
For any perceived shortcomings, I think management has been great at keeping things under wraps.
Frank
Top 20
*Speaking of the Road we're on and the Road ahead and things on it, I see where,
Ford EV sales outpace gas vehicles in September, tripling growth
The second largest US-based auto-car maker, Ford, revealed this week that its electric vehicle sales tripled in September as demand continues to remain strong with new retail orders rapidly expanding.Although total car sales for September tumbled some ~9%, total EV sales were up 197% with the F-150 Lightning keeping its name as ‘America’s best-selling electric pick up’ totalling 8,760 sales since launching in June.
Sales of Ford’s Mustang Mach-E SUV increased 47.3% over the last year, while turning in just 10 days on dealer lots.
Its electric commercial van– the E-Transit – raked in 4,387 sales for the month, which the company said, “represents a 90 per cent share of America’s overall electric vehicle market”.
Moving to hybrid vehicles, the auto-car maker totalled 74,046 vehicle sales through September while year-to-date sales were up 22.6% over last year.
*I'm sorry if that rubs Salt into the wound or some up the wrong way
If so, I recommend FUKITOL - When Life just Blows and the Show turns to Shit
Food for thought FUKITOL
Cheers
Frank
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solo
Regular
I wouldn't be surprised to see one more extension. However, I am totally relaxed and just waiting..
Remark
Top 20
Me too, all good
You thinking like a December extension…..?
solo
Regular
Frankly speaking I don't want to speculate providing some time frames. As many posters wrote above - no one knows shit. Of course I have my own thoughts on that matter but situations like ministerial decree back in May taught me that at the moments like this it is better just relax and stop digging..
Carlos Danger
Top 20
So should we bring cigars or pineapples to the AGM?
Or best to wait for champagne at Christmas?
I've got some old chocolate eggs I can dust off if Easter is more likely
Mr Inappropriate
Regular
Are you thinking that we will retain all our acreage?
Don't be shy solo . I liked your quote from yesterday .
" Prepare cigars for AGM, leave pineapples at home."
Lets not flippy floppy now . I've got my Cubans ordered . As a fellow "QUEENSLANDER" living near the "BIG PINEAPPLE" lets hope
good news is imminent .
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