Electric Vehicles:Batteries and recycling

This is the place for posts that don't fit into any other category.

Moderator: RichardW

User avatar
NewcastleFalcon
Posts: 17641
Joined: 25 Feb 2009, 11:40
x 1924

Re: Electric Vehicles:Batteries and recycling

Post by NewcastleFalcon »

All in the "reportedly" category now, but If something is in short supply, and there is growing demand up goes the price.

Of course its just business, whatever the validity of the reasons trotted out. If BYD can continue to blow the competion away, without losing market share through increasing prices then its just selling your products for what the market will bear. Lose a couple of big contracts to CATL, or other competitors, if they dont follow suit, and BYD will be back in line pronto.

The comments section makes an interesting read, and it is mainly USA based (and biased?)
Here's one as. a flavour
Spoiler: show
Comment from Solarman
BYD currently develops battery technologies for use around the globe, owning the complete supply chain layout from mineral to battery cells to battery packs for energy storage.
IF you 'own' the supply chain there's only a couple of reasons left to support a "price increase", extraction and shipping has increased way beyond the actual materials used or a decision by the upper 'management' to place the 'price hike' on a product to gain more cash assets for a future expansion move or distill this down to profit taking, just because.
With global supply setbacks on the heels of a global pandemic, BYD is reportedly raising battery prices to account for the additional raw material costs it faces as a result.
Completely contrary statements, "owning the supply chain" and "additional raw material costs..." BYD is in the process of increasing cash flow by 20%, what will be done with the "windfall" is yet to be seen. This is how OPEC came into being and see how it ended up with the petroleum industry? The countries of the World need to decide right now, how electrification of the grid and transportation will be handled. The size and scope of such an endeavor comes down to the level of national security by not developing a nation's own materials supply chain 'and' recycling chain, you are at the mercy of someone else's determination of cost and value.
REgards Neil
User avatar
NewcastleFalcon
Posts: 17641
Joined: 25 Feb 2009, 11:40
x 1924

Re: Electric Vehicles:Batteries and recycling

Post by NewcastleFalcon »

Battery recycling News in the UK.

The French waste management company Veolia has announced its first electric vehicle battery recycling plant in the UK. The factory in Minworth in the West Midlands is to have enough capacity to process 20% of the UK’s end of life electric vehicle batteries by 2024.

Veolia to build battery recycling plant in the UK


REgards Neil