Battery pack prices fall to an average of $132/kWh, but rising commodity prices start to bite. For battery electric vehicle [BEV] packs in particular, prices were $118/kWh on a volume-weighted average basis in 2021.
A lithium shortage is coming, and automakers might be unprepared. If you're not already familiar with lithium, 2022 will probably be the year that changes.
Joe Lowry of Global Lithium says: "The lithium decade is just getting started."
CATL's largest battery facility with planned capacity of 120 GWh begins production. CATL now has 55% market share in China.
The DoE reported that 13 new U.S. EV battery plants are announced and expected to be operational by 2025 in addition to Tesla's Austin gigafactory.
Europe's Northvolt $12 billion battery start-up produces its first lithium-ion cell. The first battery of its kind to have been fully designed, developed and assembled at a "gigafactory" by a homegrown European battery company.
Chinese lithium prices soar - 2021 in review.
What could go wrong in the electric vehicle revolution? Not enough lithium.
GM, Volkswagen build up their battery supply chains amid electric-vehicle push.
Korean EV battery maker LG Energy going public at record $55B valuation.
EV battery costs set to rise in 2022 due to higher raw material costs.
Tesla set to introduce larger Megapacks this quarter, targeting to grow Megapack production to nearly 50GWh by 2023, from 4GWh now.
New Chile lithium contracts awarded to BYD Co. Ltd. and local firm Servicios y Operaciones Mineras del Norte. Chile court halts lithium auction days after quotas awarded.
Singapore bourse to start cobalt, lithium contracts in H1 2022.
Plan for decades of high commodity prices, BlackRock says. Goldman Sachs agrees.
Rystad Energy forecasts lithium prices continuing to rise in 2022 on strong demand and tight supply.
Serbian government revokes Rio Tinto's licences for Jadar Lithium Project. Rio Tinto's $825m Argentina lithium deal.
Britishvolt: Electric car battery plant gets government funding.
Dongfeng E70 launched with a solid-state battery (from JV partner Ganfeng), 50 demonstration cars delivered.
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