A rumor -- later confirmed -- that CATL had suspended lithium production in Jiangxi sent shares of major lithium producers soaring.
For details, please visit CnEVPost.
Category: Lithium Prices
China EV battery prices fall slightly in Jul as material costs continue to decline, says TrendForce
Demand for power batteries in China was steady overall in July, but battery material costs continued to fall, resulting in a slight downward trend in battery cell prices, TrendForce said.
For details, please visit CnEVPost.
China battery prices face downward pressure as lithium prices continue to fall, says TrendForce
TrendForce expects battery cell prices to continue to face downward pressure at the beginning of the third quarter, with hopes for price stabilization resting on restocking demand under the peak season at the end of the third quarter.
For details, please visit CnEVPost.
Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices
Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.
The post Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Battery price war: CATL, BYD pushing battery costs down further
The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.
The post Battery price war: CATL, BYD pushing battery costs down further appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce
As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.
The post Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away
Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.
The post Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away appeared first on CnEVPost.
For more articles, please visit CnEVPost.
TrendForce expects China’s power battery price decline to continue into 2024
China's lithium battery industry's overcapacity will continue into 2024, and battery prices will still decline next year, TrendForce said.
The post TrendForce expects China's power battery price decline to continue into 2024 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Lithium carbonate prices keep falling as supply-demand imbalance fears persist
The average price of battery-grade lithium carbonate in China is falling close to RMB 150,000 per ton, about half of what it was at the end of June, as supply-demand imbalances continue.
The post Lithium carbonate prices keep falling as supply-demand imbalance fears persist appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Lithium prices fall below key level in China as new downtrend continues
The price of battery-grade lithium carbonate fell below RMB 200,000 per ton for the first time in four months, as industry players' expectations of supply-demand balance changes.
The post Lithium prices fall below key level in China as new downtrend continues appeared first on CnEVPost.
For more articles, please visit CnEVPost.
