{"id":1114618,"date":"2019-05-06T22:47:00","date_gmt":"2019-05-06T22:47:00","guid":{"rendered":"http:\/\/www.mining.com\/?p=985923"},"modified":"2019-05-07T06:47:00","modified_gmt":"2019-05-07T06:47:00","slug":"battery-capacity-of-electric-cars-nearly-double-from-last-year","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1114618","title":{"rendered":"Lithium price: Battery capacity of electric cars doubles from last year"},"content":{"rendered":"
\"Battery<\/p>\n

Global car market is at a crossroads. Image courtesy of Velovotee<\/a>, Creative Commons.<\/p>\n<\/div>\n

Battery metals tracker\u00a0Adamas Intelligence says<\/a>\u00a0that in March 2019, battery capacity deployed worldwide in battery electric cars (including hybrids) nearly doubled from the same month last year.<\/p>\n

The Dutch-Canadian research company, which\u00a0tracks EV registrations and battery chemistries<\/a>\u00a0in more than 80 countries, says 9.76 GWh of passenger EV battery capacity was deployed globally \u2013 a 94% year-over-year surge:<\/p>\n

\n

This increase in battery capacity deployed is especially remarkable when considering that global EV sales increased by a mere 25% over the same period, speaking to the fact that a far greater number of high-capacity battery EVs (like the Tesla Model 3) were sold this March than the last.<\/p>\n<\/blockquote>\n

Adamas says based on data from its EV Battery Capacity Monthly<\/a> study, the sales-weighted average capacity of batteries used in electric cars was 55% higher in March compared to 2018.<\/p>\n

All indicators point upwards, except the price<\/h3>\n

Not only has overall battery capacity grown, lithium’s share per kWh has also expanded due to an ongoing shift<\/a> from lithium iron phosphate (LFP) to nickel-cobalt-manganese (NCM) cathodes among Chinese vehicle makers.<\/p>\n

Lithium’s share per kWh has also expanded due to an ongoing shift from lithium iron phosphate to nickel-cobalt-manganese cathodes<\/q><\/p>\n

China’s automakers association predicts sales of electric cars in China will reach a record 1.6 million units this year \u2013 up from 1.2 million in 2018 \u2013 representing around half of global sales.\u00a0Bloomberg reports<\/a>\u00a0there are now 486 EV manufacturers registered in China \u2013 more than three times the number two years ago.<\/p>\n

Full electric and plug-in hybrid vehicles are also taking market share from traditional hybrid vehicles, meaning that a greater share of kWh deployed this year was in the form of Li-ion cells, as opposed to NiMH cells, which contain no lithium, according to Adamas.<\/p>\n

The decline has levelled off, but lithium prices remain under pressure despite the surge in global demand for lithium-ion battery vehicles. The lithium price index compiled by battery supply chain research and advisory firm Benchmark Mineral Intelligence<\/a> retreated in April and is now down 38% over the past year.<\/p>\n

The free-on-board price of lithium carbonate exported from South America’s brine lakes now sits at $12,750 a tonne, while spodumene concentrate (6% lithium oxide) from hard-rock lithium mines in Australia is priced at $640 a tonne, down 27% so far in 2019.<\/p>\n

\"Lithium<\/a><\/p>\n

The post Lithium price: Battery capacity of electric cars doubles from last year<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Lithium prices remain under pressure despite new report showing record 9.8GWh of battery capacity was deployed globally in March.<\/p>\n

The post Lithium price: Battery capacity of electric cars doubles from last year<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[394,405,762,404,369,426],"tags":[33,288],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1114618"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1114618"}],"version-history":[{"count":6,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1114618\/revisions"}],"predecessor-version":[{"id":1114912,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1114618\/revisions\/1114912"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1114618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1114618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1114618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}