Lithium-ion battery usage on the rise – via Pace

Article by PACE The demand for lithium-ion batteries continues to increase, driven by the growth in hybrid and electric vehicle (xEV) production and the use of lithium-ion batteries in energy storage systems (ESS), according to a report by metals, minerals and chemical industry consultancy firm Roskill. The transition from a market dominated by portable electronics […]

Oil price rally boosts electric car sales – Via Oilprice.com

Article by OilPrice.com Tesla’s competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids. All EV makers will have one common element that could help lift demand for battery vehicles—rising oil prices leading to fuel prices at four-year […]