Hints and tips:
Related Special Reports
...Even this more limited footprint has drawn scrutiny from China hawks in Washington, who are investigating CATL’s landmark licensing deal with Ford to help the carmaker build a new EV battery plant in Michigan...
...Toyota led the way on research into solid-state batteries — which avoid the need for liquid electrolyte used in today’s technology and promise more range and better safety for electric vehicles — and they...
...Guangdong Hynn Technology, a Chinese producer of battery-making equipment with more than 3,000 employees, set up its Japan office in 2023, hoping to grab business with companies such as Toyota....
...National Grid has been making changes to try to use batteries more....
...This was the route Tesla took, followed by Ford in North America and, more modestly, Hyundai and Kia in the UK....
...CATL shares have fallen more than 15 per cent over the past 12 months, more than a 9 per cent drop in the broader mainland Chinese market, as the lithium-ion battery sector grapples with overcapacity and...
...Shenzhen-listed shares of the world’s largest electric vehicle battery maker rose 5.6 shortly after the midday break, more than the 0.6 per cent gain in the benchmark CSI 300 index....
...As more renewables enter the mix, midday prices might fall to zero or even negative....
...So-called nickel-manganese-cobalt batteries can hold more energy than their counterparts, which is particularly useful for the longer-range, heavier vehicles favoured in the west....
...CATL shares merit more attention....
...Apart from the metals it consumes in construction, China leads the world in the production of EV batteries, with more than 60 per cent market share....
...The Chinese market accounted for more than 90 per cent of BYD’s total sales....
...While the company does not disclose the market share of its energy storage business, which includes large battery packs for grid-level storage, it says it has provided batteries to more than 100 cities around...
...Greater power consumption means more heat is generated, which means more advanced cooling technologies are needed....
...Net sales in the US, its biggest market, are more than double levels at home. Longer term, more battery manufacturing should move to the US. But building capacity is expensive and takes years....
...More EVs = More power demand As more EVs hit the road, more electricity will be required for charging....
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...Brussels has approved €902mn in state aid for battery maker Northvolt, under a new mechanism that allows companies to ask national governments for more funding if they have been offered higher subsidies...
...But Chinese companies control more than 99 per of the global market for battery-grade graphite and 69 per cent of the market for synthetic graphite used in battery anodes, according to consultancy Benchmark...
...EV sales forecasts based on IRA impacts could surpass 4.6mn by 2030, more than double the previous expectation of 2mn, according to S&P Global estimates....
...This is because drivers in the US prefer larger vehicles, which motor analysts say need more expensive batteries, making them harder to sell....
...For flying cars, batteries with a high energy density — more than 400 watt-hours per kilogramme — are considered essential....
...Cobalt helps to stabilise lithium-ion batteries and avoid them catching fire, but the rapid uptake of electric car batteries free of cobalt and nickel in China has dimmed the demand growth forecasted for...
...It operates two battery plants in the US and is building two more in the southern state of Kentucky, and one more each in Tennessee and Georgia....
...More often than not you get compensated. Milo BrettLondon N15, UK...
International Edition