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BYD to reportedly raise battery prices by 20% due to raw material costs

BYD Battery prices

A recent report out of China cites documentation that major battery supplier BYD intends to raise the prices of its lithium battery cells by at least 20% beginning November 1. BYD notes market changes surrounding the limits of raw materials for lithium batteries as the reason for the price hike. With global supply chains stifled, BYD will need to up the price of its battery cells to compensate for its own comprehensive price increases.

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EGEB: This floating wind platform with tilted towers earns a European patent

wind tilted towers

In today’s Electrek Green Energy Brief (EGEB):

  • Hexicon’s tilted towers floating wind power platform earns a European patent.
  • The Solar Energy Industries Association launches a new diversity certification program.
  • The Argonne National Laboratory is offering a free 15-minute webinar about threats to rare earth minerals.
  • UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Tesla now offers price matching, so it’s important to shop for the best quotes. Click here to learn more and get your quotes. — *ad.
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Electric cars need cobalt and copper, and Zambia’s president-elect wants to supply it

Zambian president-elect Hakainde Hichilema won a landslide victory in the country’s election last week, beating the incumbent, Edgar Lungu. Hichilema’s plan is to ramp up mining in particular to jump-start Zambia’s economy – and provide the rapidly growing electric vehicle battery industry with crucial cobalt and copper.

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GM to source lithium for next-generation EV batteries in US

GM batteries US

General Motors (GM) has announced a strategic investment and commercial collaboration with Controlled Thermal Resources (CTR) to secure lower-cost lithium in the US for the development of its next generation of EV batteries. The legacy automaker hopes this collaboration will garner more environmentally friendly methods of obtaining precious lithium while simultaneously help lower the price of its EVs.

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DOE study aims to improve EV driving range in low temperatures

Studies have shown that EV range can drop by as much as 40% when temperatures drop below 20°F and the heater is running. Tesla and others might dispute the exact amount of lost range, but there’s broad agreement that cold weather has a meaningful impact. That challenge led the US Department of Energy’s Office of Energy Efficiency and Renewable Energy to award $480,000 to Professor Brett Lucht to study how to improve battery performance in low temperatures.


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First Lexus EV comes with 1 million-km warranty for its air-cooled battery

Lexus UX300e

The Lexus UX 300e, the luxury brand’s first EV, is on sale in China now and hits Europe later this year. Lexus in Europe announced today that the crossover’s air-cooled 54.3-kilowatt-hour battery will come with a 10-year, 1 million-kilometer (621,000-mile) warranty. The Lexus UX300e joins the Nissan Leaf as one of the few EVs with air-cooled batteries, which are considered not as robust.


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