EV News
Displaying 51 to 60 of 331
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28 Mar 2021
3 reasons why the recent electric vehicle stock-price correction isn't the end of the road for the EV trend
(Read more)[Markets Insider]: UBS Global Wealth Mgmt's CIO: Electric-vehicle stocks have taken a hit the past few weeks...but that doesn't mean it's the end of the road for the EV boom...Long-term technological and environmental shifts suggest the boom should continue...
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26 Mar 2021
Why nickel prices are holding up compared to other base metals
(Read more)[BNN Bloomberg Canada]: Nickel prices are holding up even as other base metals like copper are having a price rout. Meanwhile, shifting electric car demand is changing demand for metals. Paul Bagnell discusses to Ken Hoffman, senior expert of basic materials practice at McKinsey & Company.
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25 Mar 2021
'Still far too low': Australia's electric vehicle industry says fourfold imports jump not enough
(Read more)[Guardian UK]: Import figures released by the Australian Bureau of Statistics (ABS) on Wednesday show the dollar value of electric vehicle (EV) imports has grown $104m to $125m in the first two months of 2021, representing an increase of 485% on figures recorded at the same time last year.
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25 Mar 2021
Goldman Sachs says surging demand for electric car batteries will boost these stocks
(Read more)[CNBC]: Goldman Sachs updated its forecast for sales in Europe and the U.S. — the analysts now expect 47%, or nearly half, of all cars sold worldwide in 2040 will be electric, driving up demand for batteries.
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25 Mar 2021
EV Supplier Stocks To Watch Following GM And VW’s Major EV Commitments
(Read more)[Forbes]: So will the theme (of EV Component Supplier Stocks) continue to outperform in the near-to-medium term? Yes, we think so for a couple of reasons. Firstly, regulations under the Biden Administration are likely to be favorable for green technologies...Secondly, mainstream automakers are making bigger commitments to electrification...
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24 Mar 2021
Labour to outline plan to spark electric car 'revolution' across UK
(Read more)[Guardian UK] UK Labour Party's Ed Miliband said: “To back the car industry and create jobs, Labour would bring forward ambitious proposals to spark an electric vehicle revolution in every part of the country." Labour estimates the cost to the government...at £156m....Last year 108,205 electric vehicles were sold, up 180% on a year earlier.
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23 Mar 2021
Electric automakers must brace for rising battery materials costs, Goldman says
(Read more)[CNBC] Goldman Sachs' analysts’ model predicted a return to historical peak prices would more than double the cost of lithium for electric battery makers. That of cobalt would also double, while the cost of nickel would rise by 60%.
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18 Mar 2021
BHP signs deal to support Chinese Think Tank's EV market research
(Read more)BHP has signed an agreement with Chinese automotive think tank ADC...to support its research on the future electrification of transport in China. BHP’s VP (Market Analysis & Economics), Huw McKay, said, “We are confident about the outlook for EVs in China...As one of the major global suppliers of nickel, BHP is well-positioned to help EVs thrive in the world’s largest auto market.”
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18 Mar 2021
Green Energy investment will be significant driver of nickel prices in years ahead
(Read more)The rebound in nickel prices was primarily the result of the economic recovery in China...Also contributing...was the nickel export ban in Indonesia and Covid-related disruptions in the Philippines...macroeconomic trends favouring commodities due to low interest rates, liquidity injections and a weaker US dollar also contributed...
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17 Mar 2021
Blackstone fast-tracks Vietnam nickel PFS
(Read more)West Australian: 'Blackstone’s Ta Khoa nickel project is located...takes in a strategic position over one of Asia’s richest nickel terrains. The company’s exploration team is now systematically testing more than 25 separate nickel occurrences...Blackstone’s 2020 work program concentrated on drilling out the substantial Ban Phuc DSS ore body...'