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Orocobre Limited (ORL.TO)

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2.7500+0.0200 (+0.73%)
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  • T
    Timothy
    The effect of the new EU CO2 regulations on battery demand.

    "1.5 times the Gigafactory capacity required

    The ability to produce enough battery cells is decisive for the production volume of e-cars. Ferdinand Dudenhöffer calculates: "With a battery capacity of 60 kWh per new car, that would mean an additional lithium-ion cell requirement of 83 GWh. Or, to put it another way: 1.5 Giga-Factories from Tesla in Fremont in their final stage of 55 GWh The investment sum should then be around seven billion euros for the additional cell capacities, if the Panasonic-Tesla figures are used as a basis, "said the car market expert."

    https://www.google.com/amp/s/amp.focus.de/auto/elektroauto/schwierig-aber-machbar-auto-experte-rechnet-vor-so-viele-elektroautos-braucht-man-fuer-die-hammer-co2-ziele-der-eu_id_12440461.html
  • C
    Charles
    Think about it again. The MOU contemplating lithium supply with PPES (Toyota and Panasonic) for 30,000 tons per year by 2025. What this means is that not only its current capacity has been fully booked, but also Orocobre and Naraha plant have to double or triple their capacities to meet the huge demands near term. Thus the capital raise has been so quickly filled. There is only one direction to go for the share price: UP!
  • T
    Timothy
    "South Korean President Moon Jae-in announced virtually, at the first International Day of Clean Air for Blue Skies, that in a $17 billion investment, the country will boost the number of electric cars from the current 110,000 to 1.13 million by 2025, and increase the number of hydrogen vehicles from 8,000 to 200,000."

    https://electrek.co/2020/09/08/south-korea-to-boost-ev-numbers-to-1-13-million-by-2025/
  • T
    Timothy
    "Meanwhile, the new facility that will produce the all-electric F-150 is under construction alongside the Dearborn factory. It will employ 300 new workers, the people said, and may begin production as early as next spring.Ford has said the electric F-150 will go on sale in 2022. It will take on Tesla Inc.’s futuristic Cybertruck, which is scheduled to start production in late 2021."

    https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-08-24/ford-ceo-s-vow-for-flawless-launches-tested-by-high-stakes-f-150
  • T
    Timothy
    "Tesla Gigafactory Nevada is getting another battery production line, Panasonic invests extra $100 million"

    "The report is coming out of Nikkei, a business publication in Japan that follows Panasonic closely. They wrote today:“The investment will be made in Gigafactory 1, a battery plant in the U.S. state of Nevada with 13 production lines. Panasonic will add another line, increasing capacity by 10% to 39 gigawatt-hours per year.” They also said that Panasonic is about to improve the energy capacity of the cells by 5%:“ This is the first capacity expansion at Gigafactory since it opened in 2017. Panasonic is also upgrading the batteries being produced at Gigafactory, raising each battery’s storage capacity by 5%, starting in September.”"

    https://electrek.co/2020/08/19/tesla-gigafactory-nevada-battery-production-line-panasonic-invests/
    Tesla Gigafactory Nevada is getting a new battery cell production line as Panasonic invests an additional $100 million, according to a new report coming out of Japan. The report is coming out of Nikkei, a business publication in Japan that follows Pa
    Tesla Gigafactory Nevada is getting a new battery cell production line as Panasonic invests an additional $100 million, according to a new report coming out of Japan. The report is coming out of Nikkei, a business publication in Japan that follows Pa
    electrek.co
  • d
    david
    this will climb back to 7 bucks
  • T
    Timothy
    603 Page 1 of 5 Form 603
    Corporations Act 2001Section 671B

    Notice of initial substantial holder
    To Company Name/Scheme Orocobre Limited
    ACN/ARSN112 589 9101.

    Details of substantial holder
    (1)NameAustralianSuper Pty Ltd
    ACN/ARSN (if applicable)006 457 987

    The holder became a substantial holder on 19 / 08 / 2020

    Details of voting power:
    Class of securities (4) ORDINARY
    Number of securities 13,885,709
    Voting power (6) 5.01%
  • s
    stefan
    Capital raise with amount of about 130 Mio Euro and with 13% discount.
  • T
    Timothy
    from the Albermarle earnings call

    "Electric vehicle sales are a key driver for our Energy Storage business. We look at a variety of auto production and sales forecasts including IHS markets forecast. IHS expects 2020 electric vehicle production of 3 million units, down significantly from now the pre-COVID forecast, but up about 20% from 2019. Expected 2021 EV production of 5.2 million units is also down from previous forecasts, but represents a significant rebound from current EV production levels. Of course, ultimately, what matters is consumer behavior and automotive sales, and to that end, we are also encouraged by recent green incentives we have seen around the world, which are supportive of EV demand."
  • T
    Timothy
    Kandi America is taking online reservations for the company's Model K23 and Model K27 EVs as part of its launch event today.
    Kandi America is taking online reservations for the company's Model K23 and Model K27 EVs as part of its launch event today.
    seekingalpha.com
  • T
    Timothy
    Europe subsidies have EV and plug-in hybrid market exceeding China sales"

    "Western Europe’s electrified vehicle sales pulled ahead of China’s last month after countries including Germany and France boosted government subsidies to stimulate demand that had been decimated by the pandemic. The roughly 500,000 plug-in hybrid and battery-electric vehicles registered in Europe during the first seven months exceeded China’s sales by about 14,000 units, according to a report from Matthias Schmidt, an independent auto analyst in Berlin. Registrations of battery-powered cars were about 269,000 in western Europe and plug-in registrations were 231,000, according to the report. In addition to helping automakers recover from the coronavirus, government incentives are assisting automakers’ efforts to meet tougher emissions standards. While China’s auto market has been recovering, the government is reducing subsidies that have supported new-energy vehicle sales to encourage automakers to compete on their own. Europe probably will exceed 1 million sales of plug-in hybrid and electric-vehicles this year, Schmidt said, as Tesla makes more cars available in the region and Volkswagen ramps up deliveries of its battery-powered ID3.Tesla has lost ground in Europe amid supply bottlenecks as the company waits for its new European factory near Berlin to start production in the middle of next year."

    https://europe.autonews.com/sales-market/europe-subsidies-have-ev-and-plug-hybrid-market-exceeding-china-sales?utm_source=dlvr.it&utm_medium=twitter
  • T
    Timothy
    "According to a new Wood Mackenzie analysis, there will be 54,000 electric Medium- and heavy-duty (MDV/HDV) trucks on US roads by 2025."

    https://www.tesmanian.com/blogs/tesmanian-blog/tesla-semi-will-hit-the-home-run-as-analyst-predicts-us-electric-truck-sales-should-surpass-54k-units-by-2026
    Feature image from Twitter user @sacramentotesla According to a new Wood Mackenzie analysis, there will be 54,000 electric Medium- and heavy-duty (MDV/HDV) trucks on US roads by 2025. The high demand will certainly be met by the Tesla Semi, which wil
    Feature image from Twitter user @sacramentotesla According to a new Wood Mackenzie analysis, there will be 54,000 electric Medium- and heavy-duty (MDV/HDV) trucks on US roads by 2025. The high demand will certainly be met by the Tesla Semi, which wil
    www.tesmanian.com
  • T
    Timothy
    LG Chem, an electric vehicle battery supplier for Tesla, Volkswagen and others, said on Friday it expects profitability in its battery business to rise in the second half, helping shares surge nearly 10%.
    LG Chem, an electric vehicle battery supplier for Tesla, Volkswagen and others, said on Friday it expects profitability in its battery business to rise in the second half, helping shares surge nearly 10%.
    www.reuters.com
  • T
    Timothy
    "Daimler deepens battery alliance with CATL to include R&D

    Daimler on Wednesday said it was deepening an alliance with Chinese battery maker CATL to deliver battery packs capable of giving Mercedes-Benz cars 700 kilometres of range at higher recharging speeds. Daimler already has battery cell supply deals with Korea’s SK Innovation, LG Chem and Farasis. in addition to China’s Contemporary Amperex Technology (CATL), as it plans to ramp up production of electric and hybrid vehicles. Wednesday’s agreement with CATL said the partnership will include supplying cells and entire battery systems as well as combining research.“We intend to lead in battery technologies, so we are now combining our own research and development expertise with bold partners,” Daimler said in a statement. “The agreement covers the full range of battery technologies, from cells across modules for Mercedes-Benz Cars to entire battery systems for Mercedes-Benz Vans in promising innovative technology configurations. This also includes the CATL cell-to-pack (CTP) design, which eliminates conventional modules and integrates the cells directly into the battery.” The partnership aims to shorten development cycles, significantly increase the ranges of future batteries through advances in energy density and reduce charging times, Daimler said. CATL will use electricity from renewable energy sources, such as wind, solar and hydropower for its battery cell production, the joint release said."

    https://www.reuters.com/article/us-daimler-catl-research/daimler-deepens-battery-alliance-with-catl-to-include-rd-idUSKCN2511VX
    Daimler on Wednesday said it was deepening an alliance with Chinese battery maker CATL
    Daimler on Wednesday said it was deepening an alliance with Chinese battery maker CATL
    www.reuters.com
  • T
    Timothy
    Honda goes small with first all-electric car

    With a retro, ultra-compact design evoking Honda’s classic N360 and N600 models from the 1960s, the two-door Honda e is intended as an upmarket city car, whose price tag of around 33,000 euros ($39,000) is higher than Renault’s Zoe ZE50, which is roomier and has a longer driving range.

    Ichinose said Honda engineers had prioritised accurate and sharp handling to enable easy u-turns in narrow streets. Side mirrors have been replaced with interior displays to avoid bumps and scrapes during parking.

    https://www.reuters.com/article/us-honda-electric/honda-goes-small-with-first-all-electric-car-idUSKBN25N03Q#:~:text=UTSUNOMIYA%2C%20Japan%20(Reuters)%20%2D,%2Dever%20all%2Dbattery%20car.
    As many automakers bet on sedans and SUVs in the switch to electric vehicles (EV), Japan's Honda Motor Co Ltd
    As many automakers bet on sedans and SUVs in the switch to electric vehicles (EV), Japan's Honda Motor Co Ltd
    www.reuters.com
  • T
    Timothy
    Official: Tesla will manufacture battery cells in Grünheide

    After there have always been contradictory reports on the question of whether Tesla will also manufacture battery cells in its planned factory in Grünheide in Brandenburg, it is now clear: Yes.

    https://www.electrive.net/2020/07/25/offiziell-tesla-wird-in-gruenheide-auch-zellen-fertigen/

    The persistent rumor has now been confirmed by the Brandenburg Ministry of Economic Affairs: “Tesla has started planning for the production of battery cells in Grünheide. The company told us that, ”said Brandenburg's Minister of Economics Jörg Steinbach.
  • T
    Timothy
    Tesla received an order for 800 MWh energy storage. That is equal to 10,667 model 3 long range.

    "The company announced today that they are breaking ground on three new projects totaling 555 MW of solar power and 800 MWh of battery storage."

    https://electrek.co/2020/07/24/tesla-megapack-project-switch-datacenter/
    Tesla has been selected as the battery supplier for a massive new solar and energy storage project for Switch’s datacenter in Nevada. Switch is a neighbor of Tesla’s Gigafactory Nevada where the company produces their stationary energy storage produc
    Tesla has been selected as the battery supplier for a massive new solar and energy storage project for Switch’s datacenter in Nevada. Switch is a neighbor of Tesla’s Gigafactory Nevada where the company produces their stationary energy storage produc
    electrek.co
  • T
    Timothy
    More EV updates:

    "Audi CEO Duesmann claims e-tron battery issues solved"

    "As a sales target for the e-tron, Duesmann mentioned 40,000 units by the end of the year. “We sold a good 17,000 units of the Audi e-tron in the first half of the year,” Duesmann said as an interim result. The e-tron is the market leader for electric SUVs in Europe."

    https://www.electrive.com/2020/07/23/audi-ceo-duesmann-claims-e-tron-battery-issues-solved/

    "VW’s Chattanooga conversion on schedule"

    "The expansion of VW’s US plant in Chattanooga, which began in November 2019, is on schedule despite the pandemic. Series production of the VW ID.4 is scheduled to start there in 2022, and the first pre-series vehicles of the electric company are already planned for 2021."
    Due to delivery problems with battery cells, Audi had to stop production of the e-tron quattro in Brussels in spring. In an interview, the new Audi boss said that the problem has been solved and spoke about the goals of the Artemis project. “Since th
    Due to delivery problems with battery cells, Audi had to stop production of the e-tron quattro in Brussels in spring. In an interview, the new Audi boss said that the problem has been solved and spoke about the goals of the Artemis project. “Since th
    www.electrive.com
  • T
    Timothy
    Gangfeng Lithium signs 10-year lithium supply deal with Volkswagen
    Ganfeng Lithium Co. Ltd. will supply lithium products to Volkswagen AGfor the next ten years.

    The Chinese lithium compounds producer said in an April 8 filing that it has signed a cooperation agreement with the German carmaker.

    The two parties will also seek collaboration in solid-state batteries and battery recycling in the future, Ganfeng said.

    Ganfeng, which is also a supplier to Tesla Inc. and Bayerische Motoren Werke AG, said the partnership will benefit its operating performance.
  • N
    None-of-Your-Business
    Why the drop?