EV


China’s eyes on rare earths treasure uncovered in Tanzania 

China’s eyes on rare earths treasure uncovered in Tanzania 

(ATF) China’s rare earths operators are watching developments in Tanzania carefully as new opportunities arise in the East African country.According to China’s Ministry of Natural Resources and MiningWeekly, there’s particular interest in the Nguala Rare Earths mine run by Peak Resources, an Australian rare earths mining company listed on the …

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Korean EV giants settle bitter trade secrets dispute in US

Korean EV giants settle bitter trade secrets dispute in US

(ATF) Two of the world's largest electric vehicle (EV) battery makers have settled a trade secrets dispute that threatened to upend plans by Ford and Volkswagen, among other carmakers, and throw a spanner in the works of US President Joe Biden's clean energy policy.LG Chem had won a bitter US …

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China faces challenge as Europe energises EV market

China faces challenge as Europe energises EV market

(ATF) Car sales in China surged in March – powered by a jump in demand for electric vehicles (EVs) - as the world's biggest car market leads the recovery from the Covid-19 pandemic.Sales reached 2.53 million vehicles in March, up 74.9% year-on-year, data from the China Association of Automobile Manufacturers …

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EVs to compete with petrol cars by 2030, says battery maker

EVs to compete with petrol cars by 2030, says battery maker

(ATF) China's push towards peak emissions in less than 10 years would allow electric vehicles (EV) to compete equally with standard petrol-powered cars by then, according to the head of a leading Chinese EV battery manufacturer."Economies of scale alone, coupled with innovation, will be sufficient to reach the parity line …

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Global chip supply chain can’t take a punch, industry admits 

Global chip supply chain can’t take a punch, industry admits 

The global semiconductor supply chain is far from robust, a new study has revealed, and is especially vulnerable to natural disasters and escalating trade disputes.The paper from the US industry group says the vital sector is susceptible because suppliers have become concentrated in distinct regions, leaving not just the tech …

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Cash, credit or crypto? Tesla can now be bought for bitcoin, Musk says 

Cash, credit or crypto? Tesla can now be bought for bitcoin, Musk says 

Tesla chief Elon Musk has said customers can now buy the firm’s electric vehicles with bitcoin.The pay by bitcoin system will only be available in the US for now, but the billionaire said the payment method will be expanded to other countries later this year."You can now buy a Tesla …

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Canada emerges as EV epicentre in US-China fight for dominance

Canada emerges as EV epicentre in US-China fight for dominance

(ATF) Canada could become a global centre for electric vehicle (EV) batteries under a US government strategy to counter Chinese competitors. The US Department of Commerce held a closed-door virtual meeting with miners and battery manufacturers to discuss ways to boost Canadian production of materials needed in EV production such …

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Ola gives first glimpse of new e-scooter

Ola gives first glimpse of new e-scooter

(ATF) Indian electric vehicle maker Ola Electric has unveiled its new look high-end e-scooter.The black-matte bike, which is expected to reach speeds of up to 100kph, will be the figurehead product expected to begin rolling off the lines of Ola’s new factory being built in Hosur, in the Indian state …

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Tesla charges more as share price sparks into life again 

Tesla charges more as share price sparks into life again 

Tesla has upped the price tag on two of its leading models just a day after the electric car maker’s share price saw its biggest daily rise in a year.The American EV firm has increased the prices of its Model Y Long Range and Model S Plaid plus by $10,000, …

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China salt lake project puts lithium production under spotlight

China salt lake project puts lithium production under spotlight

(ATF) Lithium supplies - essential for electric vehicle (EV) batteries - have received a boost with China's Ganfeng Lithium saying on March 8 that it would pay 1.47 billion yuan ($225 million) to take a 49% stake in a Qinghai salt lake, according to stock exchange filings.The move into the …

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