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Good News & Bad News, page-3095

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    US EV sales have been so far record-breaking: If this trend continues, by year´s end, the US will sell 600-700K EVs. This will imply 28.8-33.6K tons lithium carbonate equivalent (LCE). Beware that the US would have produced only 500 tons LCE in 2020.

    EV sales are surging, well above previous quarterly and yearly levels—both in California and in the U.S. as a whole.

    That information comes from the California-based EV advocacy organization Veloz, in its quarterly sales update released Thursday. It’s good news, especially as Capitol Hill moves to consider not just a pending infrastructure bill with some EV charging allowances but a future bill with more EV provisions. And it helps frame President Biden’s tougher standards for fuel economy and emissions, on a path to 50% battery electric and plug-in hybrid sales by 2030, as feasible even to the skeptics.

    https://hotcopper.com.au/data/attachments/3456/3456398-efb019f175e7cba056b7259aa0b7df36.jpg

 
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