EV Battery Element Hits New High
The price of lithium carbonate, a key EV battery component, has tripled over past year as demand spikes.
The price of lithium carbonate, a key EV battery component, has tripled over past year as demand spikes.
Tesla Inc. has had to shut down its plant in Shanghai for a total of 12 production days in recent weeks because of China’s COVID-19 lockdowns.
China’s Covid-Zero policy could cause global vehicle production to lose 2% of growth in 2022, equivalent to about 1.5 million units.
On Jan. 2, GM Financial and GMAC UK acquired Ally’s 40% equity interest in SAIC-GMAC Automotive Finance Company Limited, a joint venture that conducts auto finance operations in China.
Through its new strategic partnership with Internet marketing firm and the dealer association, Kelley Blue Book will make its vehicle values and insights available to the China market.
‘Da Man’ finds his groove and issues another prediction about the fate awaiting several ‘domestic’ car manufacturers.
‘Da Man’ weighs in on Toyota’s most recent recall and those faulty sales figures reported by brands competing in the luxury category.
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