Plug-in hybrid vehicles are increasing their share of the electric vehicle market this year, especially in China, where they now account for over half of sales. Plug-in hybrids are growing in popularity since they ease consumer concerns over range anxiety, promising driving ranges of over 1,000 kilometres. Sales of PHEVs in China have risen by […]
> Lithium chemical prices spiked in China on Monday following a bullish speech by the chairman of Ganfeng – the world’s third-largest lithium producer – in which it was suggested that lithium demand growth could reach 30% in 2026. In a keynote speech on 16 November at the 10th International Summit on Power Battery Application in […]
> In the season of Q3 result releases, battery manufacturer CATL has reported record financial performance. Cumulative revenue from Q1–Q3 rose from RMB259bn ($36bn) in 2024 to RMB283bn ($39.3bn) in 2025, a year‑on‑year increase of 9%. Net profit also rose 41% between Q3 2024 and Q3 2025, from RMB13.14bn ($1.87bn) to RMB18.55bn ($2.58bn). Efficiency gains underpin profit growth Increasing efficiency has […]
> Benchmark Mineral Intelligence today announced the commercial launch of its new 314Ah lithium iron phosphate (LFP) cell price for energy storage applications. The announcement comes as global LFP battery cell prices show signs of recovery, following a marked rebound in lithium carbonate costs and tightening supply conditions across the battery materials market. Benchmark’s Head of […]
> China’s Ministry of Industry and Information Technology (MIIT) has unveiled stricter listing requirements for new energy vehicles (NEVs), set to take effect from 2026. Vehicles must meet these revised specifications to qualify for inclusion on the official MIIT listing, a prerequisite for receiving favourable tax treatment. How will the new PHEV rules affect the market? From […]
> The Indian government has acknowledged that black mass exporters are circumventing hazardous waste export rules through the use of unrelated HS codes. Under current regulation, black mass can only be exported from India under a certain HS code once the exporting company has received an export control licence and further permissions from the Indian government. […]
> After an almost two-year hiatus, the German government plans to revive subsidies for electric vehicles (EVs) in January 2026, aligning with many other European nations in subsidising EVs. The package, expected to total around EUR3 billion (~$3.3 billion), will be funded through the federal Climate & Transformation Fund and the EU’s Social Climate Fund. How will the support […]
> Benchmark Mineral Intelligence will continue publication of its existing Synthetic Graphite Anode High Energy and Natural Graphite Anode High Energy price assessments, reversing the previously announced specification change which took effect on 15 October 2025. In compliance with IOSCO principles, this followed Benchmark’s public consultation on the proposed change on 8 September 2025. Following additional […]
> California has led the way in the electrification of the US’ vehicle market with one in four of all new vehicle sales in 2024 being an EV, higher than the country-level penetration rate of 10%. As the most populous state, it commands a large proportion of the total vehicle market (11%) but this is dwarfed […]