BO Types Filter
08.02.2025
Industrial Stainless Steel Plate 201 202 316 Construction Structural Engineering Equipment Foundation ASTM Standard Welding
08.02.2025
ASTM A106/API 5L sch 40 black painted steel seamless pipe
07.02.2025
0.8mm To 2.5mm GI WIRE GALVANIZED STEEL WIRE
06.02.2025
Good Price SHS gi metal Tube Square Rectangular welded steel pipes 2 Inch hollow section galvanized Square steel Pipe Price
05.02.2025
Factory price hot sale 4mm-200mm 301 316L 410L 347 409L S32101 317L Stainless Steel Plate
04.02.2025
High Quality Customized 201 304 304L 316 316L 410 430 Stainless Steel Sheets Plates Price
03.02.2025
Factory Spot Best Price Aisi Astm Sus SS 430 201 321 316 3161 304 Stainless Steel Sheet Plate
31.01.2025
Stainless steel bar 316ti grade 3161/9041/3041 hot rolled and cold drawn
30.01.2025
Hot selling rebar bars at factory prices in China, 8mm, 10mm, and 12mm steel bars
29.01.2025
Hot Sale High Quality 304 3161 stainless steel customized thickness plate good price
Battery Metals
- Japan -

Global Battery Installation Growth Slows in 1Q: SNE

The growth of global electric vehicle (EV) battery installations during January-March this year has slowed with stuttering global EV demand, data from South Korean market intelligence firm SNE Research show.

Global EV battery installations during the first quarter rose by around 22% from a year earlier to 158.8GWh compared with 36% growth for the same period last year.

Most top battery manufacturers have experienced lower growth rate, with Japan's Panasonic and South Korea's SK On installing fewer batteries compared with a year earlier. China's Contemporary Amperex Technology (CATL) and BYD continue to spearhead the growth, albeit also at a slower pace.

Consumers' preference for battery EVs globally waned as plug-in hybrid EV and hybrid EVs growth gained momentum because of factors including continued high interest rates and a shortage of charging infrastructure, according to SNE.

Samsung SDI earlier this year pinned its hopes on a gradual EV battery market recovery in this year's second half when it expected benefits from lower interest rates starting to be realised. Lower interest rates could spur consumers spending and business investment. But US Federal Reserve policymakers earlier this month signalled that they are likely to hold rates higher for longer until they are confident inflation is slowing "sustainably" towards the 2% target.

The higher interest rates and lower residual values of EVs given price cuts on new vehicles could push up EVs' monthly leasing terms, which are often financed, according to Dutch investment bank ING's senior economist Rico Luman and senior high yield credit strategist Oleksiy Soroka. The scaling back of subsidies in Germany will also weigh on EV uptakes, they said.

The IEA has forecast that EV sales will continue to grow in most major markets this year but at a slower rate compared with 2023. Global EV sales this year are forecast to top 17mn, more than 20% of total global vehicle sales.

Toyota Lags in BEV and PHEV Segments Despite Leading Global Sales

Trump Urges Companies to Manufacture in the US or Face Tariffs

China Expands EV Charging Infrastructure Significantly in 2024

US Government Supports Ioneer’s Nevada Lithium-Boron Project

Chinese lithium battery shipments up 32.6% in 2024

Kim Long, Changan to build EV plant in Vietnam

Lithium Prices Unlikely to Recover in 2025

Battery Recycling Projected to Supply 25% of Lithium and Nickel Demand by 2050, Says IEA

IEA Projects Battery Recycling Could Meet 25% of Lithium and Nickel Demand by 2050

Lithium Carbonate Prices Expected to Surge 30% in 2025, Reaching $20,000 per Tonne

Gotion High-tech to Invest €2.51 Billion in Gigafactories in Slovakia and Morocco

Liontown Resources Ships First Lithium Cargo to LG Energy Solution

Oman and Belgium Sign MoU to Enhance Green Hydrogen Cooperation

Youngy Plans Major Expansion at Jiajika Spodumene Mine in Sichuan