Lithium Media Articles, page-52

Recently CATL has been signing contracts left right and centre! These guys will be looking to attaining a huge supply of Lithium to fulfil these contracts. It really is staggering the size and scope of what CATL are trying to achieve and looks to be set up for huge future earnings.
Where is that abundance of lithium going to come from? Greenbushes which currently supplies 77% of 6% Lithium base feed grade will NOT be able to expand enough to accomodate these targets. It must have reliable high quality, consistent grade to feed the ever expanding market which looks to double by 2022. Now where is that deposit? Here is part 1 of my findings!

https://www.reuters.com/article/us-...n-ev-battery-factory-in-germany-idUSKBN1JZ11Y
Around 240 million euros ($280 million) will be invested in the first phase of the project, Wolfgang Tiefensee, Thuringia’s minister of economic affairs, told journalists.

BMW plans to source 4 billion euros ($4.7 billion) of battery cells from CATL over the next few years, with 1.5 billion euros coming from the new site in Erfurt

The CATL factory will create about 600 jobs and reach production of 14 gigawatt hours (GWh) by 2022. CATL reached shipments of 12 GWh in 2017.

https://insideevs.com/bmw-inks-4-7-billion-battery-contract-with-catl/

The other battery supplier for BMW is Samsung SDI and BMW says that if there will be a need, a third supplier could be added from a group of eight that the company is currently in talks with.

https://www.copyright link/business...ery-maker-catl-takes-on-tesla-20180201-h0s6ys

The factory could go fully online as soon as 2020, an opportune time as China targets a sevenfold increase in new-energy vehicle sales by 2025 and ponders a course for phasing out fossil-fuel vehicles altogether.

"China, unabashedly, wants to be the Detroit of electric vehicles,"said Anthony Milewski, a managing director at Pala Investments, a Switzerland-based fund investing in the EV supply chain. "There is no question in my mind that they are going to lead the world in capacity and, eventually, in the technology."
In China, the source of 99 per cent of CATL's business, the company's lithium-ion batteries will be inside locally made EVs from Volkswagen, BMW, and Hyundai. Japan's Toyota, Honda and Nissan are considering CATL batteries for planned China-made vehicles. Domestic companies using the batteries include BAIC Motor, the biggest EV seller in China, and Zhengzhou Yutong,the world's biggest bus maker. http://31680097

https://www.electrive.com/2018/08/15/catl-rushing-to-launch-ncm-811-battery-cells-first/

Battery maker CATL of China rushes to gain a competitive advantage over its Korean counterparts. The firm says it will be first to launch the new low-cobalt and energy-dense NCM 811 battery cells for electric cars next year.

https://www.motor1.com/news/241927/daimler-battery-contract-catl/

Like most car manufacturers, Daimler and its subsidiaries Mercedes-Benz and Smart won't be producing their own batteries for electric cars, but rather bringing them in from a third party.
It plans to invest nearly nine billion pounds into its development of electric vehicles.

http://autonews.gasgoo.com/new_energy/70014950.html

Jiangling Motors Co., Group (JMCG) and Contemporary Amperex Technology Limited (CATL) signed a strategic cooperation agreement on July 25, in the presence of Qiu Tiangao, secretary of the party committee and chairman of JMCG, as well as Zeng Yuqun, chairman and founder of CATL.

http://autonews.gasgoo.com/new_energy/70014919.html

GAC Group announced that it plans to sign a joint venture operation contract with Contemporary Amperex Technology Limited (CATL) on July 19 in Guangzhou. The two companies plan to jointly invest and establish two joint ventures in Guangzhou, which will be temporarily named as GAC Amperex Power Battery System Co., Ltd. and Amperex GAC Power Battery Co., Ltd.

GAC Amperex Power Battery System Co., Ltd. will be registered with RMB 100 million, which will be raised by both parties. GAC Group, which will hold a 51% stake in the JV, will provide RMB 51 million. CATL, with a 49% stake in the JV, will fund RMB 49 million.
Amperex GAC Power Battery Co., Ltd. will be jointly funded by both parties with registered capital of RMB 1 billion. GAC Group will invest RMB 490 million to hold a 49% stake in the JV, while CATL will hold the rest stake with RMB 510 million investments.
https://electrek.co/2018/05/11/nissan-renault-china-battery-maker-catl-electric-cars/

Nissan and Renault are planning a series of new electric cars for the Chinese market and they are turning to China’s emerging leading automotive battery maker, Contemporary Amperex Technology (CATL), to supply them
CATL is primarily using LiFePo and NCM chemistries in prismatic cell formats and their batteries have been mostly going to electric bus production and plug-in hybrids, but they recently signed a supply contract with SAAB successor National Electric Vehicle Sweden (NEVS) in order to enable the production of hundreds of thousands of all-electric cars per year.