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  • Thailand Lithium Deposit World’s Third Largest

    THAILAND REPORT
    Akihiro Komuro
    Akihiro Komuro

    The Thai government has announced the discovery of a large lithium deposit, calling the deposit the third largest in the world after Bolivia and Argentina. It has estimated reserves of approximately 14.8 million tons. The deposit was found at two sites in the southern province of Phang Nga. However, it will take some time to find out how much of the discovered resources can be used.

    Thailand is keen to become the center of EV production in Southeast Asia, leveraging its experience in assembling conventional cars, and the discovery of the lithium deposit will give the country a boost in achieving this goal.

    Source: AFPBB

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  • Recharging Slows Electrification of HD Trucks

    CHINA REPORT
    Jack Hao
    Jack Hao

    In 2022, the penetration rate of new energy units in the commercial vehicle market exceeded 10%, and the penetration rate of heavy-duty trucks was close to 5%. The new energy subsidy policy was scheduled to be withdrawn at the end of 2023, but data for the January to October period is basically the same as the previous year. The share of new energy units for the commercial vehicle segment is far lower than the market share of 30.4% for new energy passenger vehicles.

    With the accelerated adjustment of China’s transportation structure, it is expected that by 2025, the national railway and water freight volume will increase by 10% and 12%, respectively, compared to 2020, while the road freight volume will relatively decrease. In this context, bulk and ultra long-distance road transportation will gradually exit the market, and the advantages of short and point-to-point road trunk transportation with radii of around 500 kilometers and 300 kilometers will be further highlighted.

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  • Ford’s Potential Return to India

    INDIA REPORT
    Aditya Kondejkar

    Ford Motor Co’s unexpected decision to retain its factory in Tamil Nadu and its potential plans for the assembly of the latest Endeavour signals a potential shift in strategy towards a stronger focus on electric vehicles (EVs) and leveraging India as an export hub.

    This analysis delves into the implications of Ford’s potential emphasis on EVs and its ability to capitalize on India’s Production-Linked Incentive (PLI) schemes for exports.

    Globally, under its current CEO, Jim Farley, Ford is focused on the electrification and digital transformation of core segments in which it is a leader, namely trucks, SUVs, commercial vehicles, and performance cars.

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  • Cathode Material Developed for Cheaper EVs

    Researchers at the U.S. Department of Energy’s (DOE) Argonne National Laboratory have invented and patented a new cathode material that replaces lithium ions with sodium and that would be significantly cheaper to produce. The cathode is one of the main parts of any battery. It is the site of the chemical reaction that creates the flow of electricity that propels a vehicle.  Estimates suggest that a sodium-ion battery would cost one-third less than a lithium-ion one.

    Source: MSN: Read The Article

    PSR Analysis: Research in battery technology has developed at a tremendous pace and anything that reduces cost  and is more sustainable is a plus. Sodium is far more naturally abundant and easily mined than lithium. It is thus a fraction of the cost per kilogram and much less susceptible to price fluctuations or disruptions in the supply chain.   PSR

    Guy Youngs, is Forecast & Adoption Lead at Power Systems Research

  • Survey: EV Range Anxiety Slips in Importance

    Euromonitor International has released the results of its Electric Vehicle Readiness Index for 2023 survey, which evaluates the most prepared countries which can support widespread EV adoption.

    Norway, Switzerland and Sweden ranked at the top of the index, due to EV market maturity and consumer buying power. Brazil, South Africa and India were ranked at the bottom, owing to limited government incentives, low incomes and the undersupply of public charging stations

    Read More »

  • Alternative Power Report, January 2024

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    Battery development news continues to lead the way in the current issue of the Alternative Power Report produced by Power Systems Research. In this issue, read articles about silicon anode powder used in batteries and a new cathode material that provides cheaper and more sustainable power. This issue contains news about government regulations aimed at EVs and GM and Komatsu joining forces to produce hydrogen powered mining trucks.

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