CEO & MD Martín Pérez De Solay provides a company update
Mr. Martín Pérez De Solay, Chief Executive Officer and Managing Director of Orocobre Limited has provided a company update to the Morgans network. Mr. Pérez De Solay gives a brief overview of company operations, production, growth projects and current lithium market trends.
Toyota to Buy Batteries from China’s CATL and BYD as It Revs Up Electric Car Plans
Chinese battery makers Contemporary Amperex Technology Co. Ltd. (CATL) and BYD Co. have agreed to partner with Toyota Motor Corp. as the Japanese automaker dramatically accelerates its plan to develop and sell green vehicles. Details of the deal have not yet been announced, but the Financial Times said CATL and BYD are expected to supply... View Article
Battery Shortages Are Already A Problem, And Electric Car Waiting Lists Are Becoming The Norm
Waiting lists for electric cars really only started with the launch of Tesla Model 3 and the ~400,000 order waiting list that quickly followed. This was mostly due to the car being presented as an affordable electric car at a starting price tag of USD 35,000. In more recent times, even the luxury Porsche Taycan... View Article
March 26, 2018
Much of the success of the electric vehicle will come down to the performance and price of rechargeable lithium-ion batteries, the costliest and heaviest component of the car. Just seven years since its founding, one Chinese company has emerged as a rising star in the battery industry, backed by strong support from Beijing.
Fujian-based CATL was the center of attention at “Battery Japan,” a trade show held in Tokyo in March. Liang Chengdou, head of CATL’s research center, spoke with confidence. “Batteries produced by CATL for EVs will become as competitive as internal-combustion engines through technological innovation,” he promised.
ARTICLE: China’s battery king poised to overtake Panasonic-Tesla alliance