Resumen de Powering ahead
According to the China Association of Automobile Manufacturers (CAMM), new energy vehicle (NEV) production and sales in 2017 reached 794,000 units and 777,000 units respectively, both up 53% year on year. According to analysts at Bank of America Merrill Lynch (BAML), in a lot of the NEVs the cost of the li-ion battery can be up to 50% of the overall price of the vehicle.So the emphasis is now on how to produce the batteries more cheaply and how to get them to run for longer. China is promoting the use of LFP batteries through subsidies and rebates, while Tesla uses an NCA battery for its Model S but is looking at a NMC combination going forward.On pages 24-29, Industrial Minerals market reporter Martim Facada explains the different types of battery and debunks several industry myths concerning li-ion battery supply.
