Tight Battery Market Is Next Test for EVs Caught in Chip Crisis

Bloomberg2021-07-23

(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a ...

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Comments

Jerick18
2021-07-23
Jerick18
[Duh]
Hap
2021-07-23
Hap
Good
BSPOH
2021-07-23
BSPOH
Looking forward
DarrenyYSM
2021-07-23
DarrenyYSM
All the best!
ewangteoh
2021-07-23
ewangteoh
Energy is war
JinHan
2021-07-23
JinHan
Ivanhoe Capital Acquisition Corp (SPAC) is looking to acquire/ merge with a lithium- metal battery maker for electric vehicles called SES. For those who missed out on Quantumscape, it’s not too late to get into Ivanhoe. It’s valuation is below QS too. I’m invested in Ivanhoe Capital Acquisition Corp. Do like and comment. Keen to hear your views.
- KamenR:
  Thank you I will check it out.

Leave a comment

105

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Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.</p>\n<p>Changzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.</p>\n<p>The producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.</p>\n<p>SVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.</p>\n<p>The company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tight Battery Market Is Next Test for EVs Caught in Chip Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTight Battery Market Is Next Test for EVs Caught in Chip Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187801054","content_text":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.\n“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”\nGlobal automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.\nAvailability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.\n“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.\nChangzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.\nThe producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.\nSVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.\nThe company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":175353240,"gmtCreate":1627008797980,"gmtModify":1703482360287,"author":{"id":"4088913638398720","authorId":"4088913638398720","name":"Hap","avatar":"https://static.tigerbbs.com/e051780f309b7c4295b6c72f4414b4d8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4088913638398720","authorIdStr":"4088913638398720"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175353240","repostId":1187801054,"repostType":4,"repost":{"id":"1187801054","pubTimestamp":1627003842,"share":"https://ttm.financial/m/news/1187801054?lang=&edition=fundamental","pubTime":"2021-07-23 09:30","market":"us","language":"en","title":"Tight Battery Market Is Next Test for EVs Caught in Chip Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=1187801054","media":"Bloomberg","summary":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will de","content":"<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.</p>\n<p>“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”</p>\n<p>Global automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.</p>\n<p>Availability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.</p>\n<p>“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.</p>\n<p>Changzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.</p>\n<p>The producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.</p>\n<p>SVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.</p>\n<p>The company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tight Battery Market Is Next Test for EVs Caught in Chip Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTight Battery Market Is Next Test for EVs Caught in Chip Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187801054","content_text":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.\n“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”\nGlobal automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.\nAvailability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.\n“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.\nChangzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.\nThe producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.\nSVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.\nThe company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":175359755,"gmtCreate":1627008769977,"gmtModify":1703482359458,"author":{"id":"3586394678389944","authorId":"3586394678389944","name":"BSPOH","avatar":"https://static.tigerbbs.com/24fc0ddbe903aab6d33dfc58aea027a8","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"idStr":"3586394678389944","authorIdStr":"3586394678389944"},"htmlText":"Looking forward&nbsp;","listText":"Looking forward&nbsp;","text":"Looking forward","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175359755","repostId":1187801054,"repostType":2,"repost":{"id":"1187801054","pubTimestamp":1627003842,"share":"https://ttm.financial/m/news/1187801054?lang=&edition=fundamental","pubTime":"2021-07-23 09:30","market":"us","language":"en","title":"Tight Battery Market Is Next Test for EVs Caught in Chip Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=1187801054","media":"Bloomberg","summary":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will de","content":"<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.</p>\n<p>“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”</p>\n<p>Global automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.</p>\n<p>Availability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.</p>\n<p>“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.</p>\n<p>Changzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.</p>\n<p>The producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.</p>\n<p>SVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.</p>\n<p>The company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tight Battery Market Is Next Test for EVs Caught in Chip Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTight Battery Market Is Next Test for EVs Caught in Chip Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187801054","content_text":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.\n“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”\nGlobal automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.\nAvailability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.\n“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.\nChangzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.\nThe producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.\nSVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.\nThe company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":175367217,"gmtCreate":1627007989739,"gmtModify":1703482343917,"author":{"id":"3586939965895816","authorId":"3586939965895816","name":"DarrenyYSM","avatar":"https://static.tigerbbs.com/7fb98b9b6cf4f7ff1919bf29b2d3c62f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3586939965895816","authorIdStr":"3586939965895816"},"htmlText":"All the best!","listText":"All the best!","text":"All the best!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175367217","repostId":1187801054,"repostType":4,"repost":{"id":"1187801054","pubTimestamp":1627003842,"share":"https://ttm.financial/m/news/1187801054?lang=&edition=fundamental","pubTime":"2021-07-23 09:30","market":"us","language":"en","title":"Tight Battery Market Is Next Test for EVs Caught in Chip Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=1187801054","media":"Bloomberg","summary":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will de","content":"<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.</p>\n<p>“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”</p>\n<p>Global automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.</p>\n<p>Availability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.</p>\n<p>“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.</p>\n<p>Changzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.</p>\n<p>The producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.</p>\n<p>SVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.</p>\n<p>The company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tight Battery Market Is Next Test for EVs Caught in Chip Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTight Battery Market Is Next Test for EVs Caught in Chip Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187801054","content_text":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.\n“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”\nGlobal automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.\nAvailability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.\n“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.\nChangzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.\nThe producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.\nSVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.\nThe company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":175369452,"gmtCreate":1627007546776,"gmtModify":1703482332039,"author":{"id":"4089524325627800","authorId":"4089524325627800","name":"ewangteoh","avatar":"https://static.tigerbbs.com/cf1a4685095869993dc85e75987db1c0","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"4089524325627800","authorIdStr":"4089524325627800"},"htmlText":"Energy is war","listText":"Energy is war","text":"Energy is war","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175369452","repostId":1187801054,"repostType":4,"repost":{"id":"1187801054","pubTimestamp":1627003842,"share":"https://ttm.financial/m/news/1187801054?lang=&edition=fundamental","pubTime":"2021-07-23 09:30","market":"us","language":"en","title":"Tight Battery Market Is Next Test for EVs Caught in Chip Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=1187801054","media":"Bloomberg","summary":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will de","content":"<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.</p>\n<p>“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”</p>\n<p>Global automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.</p>\n<p>Availability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.</p>\n<p>“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.</p>\n<p>Changzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.</p>\n<p>The producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.</p>\n<p>SVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.</p>\n<p>The company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tight Battery Market Is Next Test for EVs Caught in Chip Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTight Battery Market Is Next Test for EVs Caught in Chip Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187801054","content_text":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.\n“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”\nGlobal automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.\nAvailability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.\n“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.\nChangzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.\nThe producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.\nSVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.\nThe company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":175399832,"gmtCreate":1627005538626,"gmtModify":1703482275088,"author":{"id":"3581586102966898","authorId":"3581586102966898","name":"JinHan","avatar":"https://community-static.tradeup.com/news/023377e47661ee615bf8b22d4bd036e3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3581586102966898","authorIdStr":"3581586102966898"},"htmlText":"Ivanhoe Capital Acquisition Corp (SPAC) is looking to acquire/ merge with a lithium- metal&nbsp;battery maker for electric vehicles&nbsp;called SES.&nbsp;For those who missed out on Quantumscape, it’s not too late to get into Ivanhoe. It’s valuation is below QS too.&nbsp;I’m invested in Ivanhoe Capital Acquisition Corp.&nbsp;Do like and comment. Keen to hear your views.&nbsp;","listText":"Ivanhoe Capital Acquisition Corp (SPAC) is looking to acquire/ merge with a lithium- metal&nbsp;battery maker for electric vehicles&nbsp;called SES.&nbsp;For those who missed out on Quantumscape, it’s not too late to get into Ivanhoe. It’s valuation is below QS too.&nbsp;I’m invested in Ivanhoe Capital Acquisition Corp.&nbsp;Do like and comment. Keen to hear your views.&nbsp;","text":"Ivanhoe Capital Acquisition Corp (SPAC) is looking to acquire/ merge with a lithium- metal battery maker for electric vehicles called SES. For those who missed out on Quantumscape, it’s not too late to get into Ivanhoe. It’s valuation is below QS too. I’m invested in Ivanhoe Capital Acquisition Corp. Do like and comment. Keen to hear your views.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175399832","repostId":1187801054,"repostType":4,"repost":{"id":"1187801054","pubTimestamp":1627003842,"share":"https://ttm.financial/m/news/1187801054?lang=&edition=fundamental","pubTime":"2021-07-23 09:30","market":"us","language":"en","title":"Tight Battery Market Is Next Test for EVs Caught in Chip Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=1187801054","media":"Bloomberg","summary":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will de","content":"<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.</p>\n<p>“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”</p>\n<p>Global automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.</p>\n<p>Availability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.</p>\n<p>“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.</p>\n<p>Changzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.</p>\n<p>The producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.</p>\n<p>SVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.</p>\n<p>The company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tight Battery Market Is Next Test for EVs Caught in Chip Crisis</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTight Battery Market Is Next Test for EVs Caught in Chip Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/tight-battery-market-next-test-210000890.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187801054","content_text":"(Bloomberg) -- Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.\n“When the chip shortage is over, the major supply shortage the industry faces would be batteries,” Yang Hongxin, chairman of SVolt Energy Technology Co., which has struck an agreement with Jeep-maker Stellantis NV, said in an interview. “The production capacity of battery cells will be tight in the next few years because expansion takes time.”\nGlobal automakers are rapidly adding electric models as battery prices plunge and as governments set deadlines to phase out sales of new combustion-engine cars to help meet climate targets. Demand for lithium-ion batteries from transport and energy storage will surge to as much as 5.9 terawatt-hours a year in 2030, putting a strain on supply chains, BloombergNEF said in an annual New Energy Outlook report published Wednesday.\nAvailability of sufficient lithium products, copper foil and some cathode materials could become a constraint on the battery sector’s efforts to keep pace with demand, according to Yang. Current high raw material prices may not ease until the second half of next year and “the price pressure will have to be shared along the supply chain,” he said.\n“Batteries could be the next EV component facing a potential shortage,” said Dennis Ip, a Hong Kong-based analyst at Daiwa Capital Markets. Lithium materials could be in deficit for the next 2 to 3 years, a factor that would potentially add to the cost of an electric vehicle, he said.\nChangzhou-based SVolt, a spin-off of carmaker Great Wall Motor Co., is seeking to add further exposure to lithium production, and is examining potential targets including mines and salt lake operations in China, Yang said.\nThe producer is planning an aggressive expansion in manufacturing and aiming to have capacity of more than 200 gigawatt-hours by 2025 from less than 1 gigawatt-hour in 2020. That compares to proposals from Contemporary Amperex Technology Co., the industry leader, to lift capacity to 550 gigawatt-hours, including joint projects, by the same date, according to BNEF data.\nSVolt has announced four new expansion projects worth about $4.6 billion since the start of the year, including a 2 billion euros ($2.4 billion) facility in Germany that will be the firm’s first factory in Europe. The company is also considering the addition of one or two further production bases in China, Yang said.\nThe company is continuing to plan to list on the Star board of the Shanghai stock exchange in late 2022 or early in 2023, Yang said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5301125,"gmtCreate":1627008323058,"gmtModify":1663231354946,"authorId":3583799729432788,"author":{"id":3583799729432788,"idStr":"3583799729432788","authorId":3583799729432788,"name":"KamenR","avatar":"https://static.tigerbbs.com/db3db81fd6b762e83625b40b8566dec3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":175399832,"type":1,"supId":0,"prevId":0,"content":"Thank you  I will check it out.","text":"Thank you  I will check it out.","html":"Thank you  I will check it out."}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":105,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1187801054"}