CHARTS: EV battery metals bill sets new low as lithium, nickel, cobalt price slump continues
The raw materials bill for the average EV is now down to $510 compared to a peak of more than $1,900 at the beginning of last year.
Wood Mackenzie, provider of decision intelligence for the world’s natural resources sector, is offering a new service to cover entire electric transportation value chain from mine to market.
On Monday, the consultancy group announced the launch of its Electric Vehicles and Battery Supply Chain (EVBSC) service at this week’s Mining Indaba 2023 conference in Cape Town, South Africa. The Mining Indaba 2023 is Africa’s largest conference dedicated to the continent’s mining and metals industries, and runs from February 6 to 9.
The EVBSC is a new product that provides end-to-end analysis and forecasts of the electric transportation value chain including quarterly long-term outlooks to 2050 and 10-year forecasts, and monthly short-term reports and data for EV, Li-ion battery and raw materials (lithium, nickel, cobalt, graphite and manganese) markets.
The EVBSC has been designed to help users:
The EVBSC also monitors key end-use markets, industry news, price movements and related macroeconomics.
“The EVBSC has been created by Wood Mackenzie to reflect the growing interest in one of the most important sectors for the implementation of a successful energy transition,” Max Reid, Wood Mackenzie’s senior research analyst for the EVBSC, said in a media release.
“Having access to detailed analysis and forecasts of the electric transportation value chain will allow subscribers to assess investment opportunities and make cost-effective sourcing decisions from mine to market,” he added.
