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 27, 2018
SUMMARY:
- Lithium spot and contract price news – Lithium spot prices were stable, while 2018 LCE global contract prices are about 20% higher than 2017.
- Lithium market news – Lithium giant Albemarle contradicts Morgan Stanley on electric vehicle growth. The EV take-up rate, and therefore lithium demand, will be much greater than MS claims.
- Lithium company news – The lithium deals continue, following Volkswagen’s stunning $25b battery deal with leading battery manufacturers.