Material Prices
Lithium prices losing momentum to climb higher
Lithium carbonate prices have stopped rising for the first time in nearly 18 weeks, with buyers in a growing wait-and-see mood and sellers starting to loosen their offers.
Morgan Stanley expects lithium prices to see inflection point in 2023
Morgan Stanley sees the price of lithium carbonate in China falling to $47,500 per ton in the second half of 2023, implying a 35 percent drop from the current spot.
Lithium carbonate now costs 10 times more than it did two years ago
Every RMB 100,000 increase in the price of lithium carbonate will have a 2 percentage point impact on Nio's gross margin, the company's CEO previously said.
CAAM official complains about abnormally high raw material prices for NEVs
Through several years of technological upgrades, the price of batteries has come down a lot. But the price of raw materials has risen, making years of hard work all in vain, the official said.
Chinese regulators express concern over rising EV battery material prices
Chinese regulators are asking industry players to step up efforts to secure supplies to better support the healthy development of China's strategic emerging industries, including NEVs.
NEV maker says CATL has raised battery prices twice since second half of last year
The cost of a NEV increased by RMB 10,000 ($1,570) after the last battery price hike, and rose by another RMB 10,000 not long ago.
Analysts expect lithium prices to rise to previous record high this year
Lithium carbonate prices are expected to reach RMB 180,000 ($27,733) per ton in the second half of the year, the previous record high, said analysts.
