Category: EV
China’s Lithium Market Grows with Strategic Mining Acquisitions Amid EV Boom
Chinese firms acquire lithium mining rights amid EV boom. Sichuan Natural Resources Investment and Canmax Technologies secure…
Global NdFeB Magnet Demand Trends for 2024: Sector Shifts and Economic Influences
NdFeB magnet demand sees varied growth in 2024. NEVs and air conditioners lead growth, while wind turbines and…
China’s GEM Expands Nickel Ventures with Strategic HPAL Project in Indonesia
China’s GEM, HPAL Project in Indonesia GEM, a Chinese battery metals leader, has…
Tesla Faces First Sales Drop in Nine Years Amid Growing Competition and Market Challenges
Tesla faces sales decline in 2024 amid rising EV competition. Aggressive price cuts impact profit margins, but stock…
Thailand Extends BEV Production Deadlines Amid Automotive Industry Struggles
Thailand extends BEV production deadlines due to industry challenges. Revised EV 3.5 guidelines and tax reductions aim…
General Motors Sells Stake in Michigan Battery Plant to LGES as Part of EV Strategy Realignment
General Motors, LGES, Michigan Battery Plant General Motors (GM) is selling…
Sigma Lithium Secures Triple Environmental Licence for Barreiro Mine to Strengthen Lithium Supply Chain
Sigma Lithium Sigma Lithium has successfully obtained a triple environmental license for…
Navigating Complex Regulations for Shipping End-of-Life and Damaged Batteries
Battery shipping regulations: Navigating complex rules for end-of-life and damaged batteries. Expert handling and compliance are…
Silicon Carbide (SiC) Demand in Electric Vehicles Set for Major Growth, Onsemi Forecasts Strong Outlook by 2025
Onsemi predicts surge in SiC demand for EVs by 2025. SiC’s role in 800V charging systems and automotive applications…
Toyota Lowers EV Sales Forecast for FY2024-25 Amid Safety Scandal and Market Challenges
Toyota revises EV sales forecast due to safety scandal and weak demand. Financial adjustments and operational changes…
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