Higher Q1 NEV sales bode well for battery raw material demand

• Autores: Carrie Shi
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 602, 2018 (Ejemplar dedicado a: Mayo - Junio)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Output and sales of electric vehicles both up by more than 150% year-on-year, creating good prospects for the lithium, graphite and cobalt markets.

    China’s output of new electric vehicles (NEVs) rose year-on-year in the first quarter of 2018, underpinned by the country’s continued push toward electrification - a stance that many believe will support the prices for lithium, graphite and cobalt.

    China’s total production of 149,998 NEVs, including both pure electric vehicles (PEVs) and plug-in hybrids, in the first quarter of this year was up by 156.9% from the corresponding quarter in 2017, according to data released by the China Association of Automobile Manufacturers (CAAM).

    Sales of NEVs rose to 142,577 units in January-March, up by 154.3% from the first three months of 2017, it added.