Reuters:

-

LG Energy Solution, General Motors, Honda and other auto and battery makers have trimmed EV expansion plans in recent weeks, partly due to rising interest rates, which in turn has stoked concerns of a supply glut for the battery metal.

Livent, which supplies BMW and Tesla said it continues to expect strong lithium sales despite its own weak results. "We see (lithium) supply continuing to be the constraint on demand," said Livent CEO Paul Graves.

https://www.reuters.com/markets/commodities/lithium-producers-stay-bullish-evs-despite-growing-headwinds-2023-11-02/

Comments

Post a Comment

Popular posts from this blog

Dawn of a new transportation age (how did this idea from 2017 pan out?) an update

-
Image
Road emissions are back up close to pre-pandemic level at 5.86 GtCO2 (6.02 in 2019) Aug 1 2022, 4.6% adoption rate for EVs in the US -Axio. Whats the point?  The point is if people are going to do anything about climate change or reduce oil consumption, cut pollution or any green policy that will help the environment and human health we need to start moving in the right direction. Below is a tool from Statista to provide some information. Daily demand for crude oil worldwide from 2006 to 2020, with a forecast until 2026* According to the data from Statista in 2017 production was at 97.9 bpd and a projection for 2022 at close to 100 bpd. If you are wondering why this is important to cleaning up the environmental practices of ourselves, the production values correspond directly to the Co2 emission that are clogging up the air of this planet we are living on.  Road Transportation emissions are noted in blue below, the measurement is in GtCO2 which is one billion tonnes of carbon dioxide.
- More On This!

Roam - Prince William revealed the finalist for EarthshotPrize!

-
Image
Message from Roam HQ - Just this morning, Prince William revealed the finalists' list and we're excited to be in the running for the £1,000,000  #EarthshotPrize ! Following a rigorous, 10-month selection process, a panel of scientific, academic, and subject-matter leaders picked us out from more than 1,000 nominations. This recognition goes a long way in helping us incentivize change within Kenya's mobility industry and actualize a future of electric transport. 🏍️🚍⚡ We are proud to be nominated as one of the finalists alongside this fantastic cohort of global climate action innovators who bring ground-breaking solutions to the world’s most significant climate issues. This global acknowledgement of Roam's potential to create a game-changing impact in Africa and the world is truly amazing. We continue to create and scale incredible cutting-edge electric solutions all day, every day! Read more at Roam:  bit.ly/3UnfZHV
- More On This!