lithium Tag

25 Feb China’s lithium-ion battery industry faces excess inventory, production capacity as EV market downshifts: industry analysts

Posted at 06:30h in Asia

China’s electric vehicle (EV) battery market is expected to see continuous destocking of inventory this year as demand for EVs cools and companies along the lithium-ion battery supply chain suffer losses amid a price war stemming from excess capacity, analysts said.Some small manufacturers could be...

31 Jan China EVs: lithium producers Ganfeng, Tianqi issue profit warnings, blame price plunge for battery material as stocks sink

Posted at 06:30h in Asia

Shares of Ganfeng Lithium and Tianqi Lithium, two of the world’s largest producers of the metal that powers batteries for all kinds of products including electric vehicles (EVs), fell after warning their profits plunged last year due to sharply lower prices.Xinyu, Jiangxi province-based Ganfeng, which...

19 Jan World Economic Forum: CATL’s Robin Zeng calls for setting aside geopolitical tensions to address EV battery materials shortage

Posted at 09:30h in Asia

Geopolitical tensions must be set aside as the world faces shortages of critical battery materials such as lithium, nickel and cobalt due to surging demand, said Robin Zeng Yuqun, founder of Contemporary Amperex Technology Ltd (CATL), the world’s largest manufacturer of batteries for electric...

lithium Tag

25 Feb China’s lithium-ion battery industry faces excess inventory, production capacity as EV market downshifts: industry analysts

31 Jan China EVs: lithium producers Ganfeng, Tianqi issue profit warnings, blame price plunge for battery material as stocks sink

19 Jan World Economic Forum: CATL’s Robin Zeng calls for setting aside geopolitical tensions to address EV battery materials shortage

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