Volkswagen bets big on electric. Will consumers buy in?

2019-09-10T16:23:20+08:00September 10th, 2019|Industry News|

FRANKFURT, Germany (AP) — Volkswagen is rolling out what it bills as the breakthrough electric car for the masses, the leading edge of a wave of new battery-powered vehicles about to hit the European auto market.

Full Article
By DAVID McHUGH, AP Business Writer
Link to article on

One million EVs to be sold next year in Europe alone

2019-10-15T10:19:09+08:00September 9th, 2019|Industry News|

  • The rise of affordable electric cars is driven by EU law and achievable based on carmakers’ latest production plans.
  • Carmakers have four tools at hand to comply with the law: EV boost; improvements to combustion engine; stop selling highest-emitting cars; and pooling with EV makers
  • Boosting EV sales is the most future-proof strategy and the one chosen by key European brands
  • The cost of the investments required to meet the climate targets for cars is estimated to be about half of that incurred by the penalties for failing to comply
  • Surge in SUVs from 7% in 2009 to 36% in 2018, and not the decline in diesel sales, is principally to blame for the recent rise in CO2 emissions from new cars
Full Article
Link to article on


2019-08-02T16:16:20+08:00August 1st, 2019|Company News, Industry News|

European Lithium (FRA: PF8, VSE: ELI, NEX: EUR, ASX: EUR) has reported on the optimization of its financing structure in its press release titled ‘European Lithium Signs Binding Agreement for A$10 M Funding Facility’.

Full Article

China’s Great Wall-linked battery maker plans to build 20 GWh factory in Europe

2019-07-11T14:47:18+08:00July 9th, 2019|Industry News|

A Chinese battery maker carved out of the country’s biggest sport utility vehicle manufacturer, Great Wall Motor Co Ltd, on Tuesday said it is planning its first overseas manufacturing base in Europe. SVOLT Energy Technology Co Ltd general manager Yang Hongxin said, “We plan to have five production bases worldwide, including in the United States, but it will take time. The global plan is to reach a capacity of 100 GWh by 2025.”

The move comes as Asian battery makers deepen cooperation with automakers in Europe, where limited means of making the cells that power electric vehicles has raised concern of over-reliance on Asian manufacturers.

Full Article
By Yilei Sun in Baoding, and Tom Daly and Norihiko Shirouzu in Beijing
Editing by Christopher Cushing

Lithium: the white gold of e-mobility

2019-10-21T10:34:43+08:00April 3rd, 2019|Industry News|

The price of lithium has tripled in the last three years. Lithium is the key element in producing the kind of high-efficiency batteries needed for electromobility. Can a lithium mine in Austria help reduce Europe’s dependence on imports?

Video Link

Automakers investing at least $300 billion in electric vehicles

2019-02-25T22:08:57+08:00January 10th, 2019|Industry News|

Global automakers are planning an unprecedented level of spending to develop and procure batteries and electric vehicles over the next five to 10 years. Reuters have analysed public data released by those companies and their plans to spend at least $300 billion on EVs are driven largely by environmental concerns and government policy, and supported by rapid technological advances that have improved battery cost, range and charging time.

Full Article
By Paul Lienert and Christine Chan
For Reuters
PUBLISHED: 10 January 2019

Battery Megafactory Forecast: 400% Increase in Capacity to 1 TWh by 2028

2018-11-20T13:13:56+08:00October 22nd, 2018|Industry News|

We are in a lithium-ion revolution…

Benchmark Mineral Intelligence forecasts that we will see a 399% increase in lithium-ion battery production capacity over the next decade – enough to pass the impressive 1 TWh milestone.

Courtesy of: Visual Capitalist
Read more

Electric Vehicle Outlook 2018 – Bloomberg NEF

2018-10-09T18:53:48+08:00October 9th, 2018|Industry News|

Our global long-term Electric Vehicle Outlook (EVO) forecasts EV adoption out to 2040 and the impact that electrification will have on automotive and power markets, as well as on fossil fuel displacement and demand for key materials.

“Our latest forecast shows sales of electric vehicles (EVs) increasing from a record 1.1 million worldwide in 2017, to 11 million in 2025 and then surging to 30 million in 2030 as they become cheaper to make than internal combustion engine (ICE) cars. China will lead this transition, with sales there accounting for almost 50% of the global EV market in 2025.”

Public Report


  1. By 2040, 55% of all new car sales and 33% of the global fleet will be electric.
  2. China is and will continue to be the largest EV market in the world through 2040.
  3. EV costs. The upfront cost of EVs will become competitive on an unsubsidized basis starting in 2024. By 2029, almost all segments reach parity as battery prices continue to fall.
  4. E-buses. Buses go electric faster than light duty vehicles.
  5. Displacement of transport fuel. Electrified buses and cars will displace a combined 7.3 million barrels per day of transportation fuel in 2040.
Go to Top