Agoracom Blog Home

Posts Tagged ‘#CES’

EV Buyers Can Expect Cheaper Batteries and More Chargers in 2020 SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 1:57 PM on Tuesday, January 28th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property , Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

  • According to research by BloombergNEF, European automakers and governments will move toward helping curb global warming with stricter carbon emissions regulations, which could force an electric-vehicle revolution.

In the United States, electric vehicles are primarily being purchased by consumers that want to take action on their own. Fuel is cheap, the country doesn’t have a real climate change plan, and large vehicles like pickups are king. All of this means that there’s little incentive, beyond the $7,500 federal tax credit, to purchase an EV. That, though, isn’t the case in other countries like China and, soon to be Europe.

EV Revolution Coming This Year

According to a report by Bloomberg and a forecast from BloombergNEF, Europe will see an electric revolution in 2020. The outlet states that the country’s government will soon look to cut carbon emissions from vehicles as part of a plan to curb global warming. This, in turn, will force automakers to introduce electric vehicles.

Bloomberg claims that sales of electric cars are set to increase to 2.5 million units in 2020. That figure represents an increase of 20 percent from 2019.

Just like this year, China will continue to lead the way forward for sales. But the country recently decided to reduce subsidies for EV owners, which could help Europe gain a larger piece of the market. The outlet’s forecasting claims that Volkswagen’s push to become an electric-vehicle force will boost the number of electrified vehicles in Europe. In total, the outlet expects 800,000 electric cars to be sold in Europe in 2020.

“The long-term future is really bright, but in the short term we’re expecting growth to be relatively slow,” said Colin McKerracher, an analyst at BloombergNEF. “You’re still in the middle of this transition, from a market driven by direct subsidies toward one driven by a combination of real consumer demand and other big policy mechanisms.”

Better Prices, More Infrastructure Coming

Another important aspect of electric vehicles that will help sales increase in Europe are decreasing lithium-ion battery prices. The outlet states that prices per kilowatt-hour will hit roughly $135 – approximately 13 percent lower than in 2019. With the increase of battery production, better battery designs, and more sales, battery prices are expected to tumble.

All of these things mean that more chargers will be needed. Luckily, public chargers are expected to rise to 1.2 million, up from 880,000 last year. The increase in chargers will come in part from governments and energy companies looking to expand infrastructure to support the increase in demand for electric cars.

Another interesting trend to look at in 2020 include other forms of electrified transportation. A few companies, even automakers, showcased flying electric cars at CES. While it’s unlikely that one would come out in 2020, it’s likely something that more companies will pursue this year. Other forms of transportation, including boats could go electric in 2020, too.

SOURCE: https://www.futurecar.com/3749/EV-Buyers-Can-Expect-Cheaper-Batteries-and-More-Chargers-in-2020

INTERVIEW: Lomiko’s $LMR.ca High Grade Graphite Is Now Strategic Under US Plan To Bypass China $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-JC at 7:00 PM on Sunday, January 26th, 2020

Volvo to Build an Electric Vehicle Battery Plant in the U.S. SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 12:26 PM on Tuesday, January 21st, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property , Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Swedish automaker Volvo announced plans to build an electric battery plant at its assembly factory in Ridgeville, South Carolina to support the launch of electrified Volvo models for the U.S. market. Construction of the battery assembly plant will be completed by the end of 2021.

While many people consider Detroit home of the automobile, the southeast region of the U.S. is becoming a hotbed for auto manufacturing. Automakers BMW, Mercedes Benz, Volvo, Toyota, Honda and Hyundai built assembly plants in the region to manufacture vehicles for the U.S. and global markets. 

Most recently, Toyota and Mazda recently announced they will be opening a new $1.6 billion plant in Huntsville, Alabama, adding around 4,000 new jobs to the region. Now Volvo becomes the latest automaker to expand its U.S. manufacturing with a new electric vehicle battery plant.

The automaker announced plans to build an electric battery plant at its assembly plant in Ridgeville, South Carolina to support the launch of electrified Volvo models for the U.S. market. Construction of the battery assembly plant will be completed by the end of 2021, a Volvo spokeswoman said to Automotive News.

The battery production plant is part of a previously announced $600 million project that is already underway at Volvo’s plant in Ridgeville, S.C., which includes adding a second production line and Volvo Car University. The 2.3 million sq. ft. facility includes a body shop, paint shop, final assembly, a vehicle processing center and an office building.

The Ridgeville plant is Volvo’s first in the U.S. Construction began in 2015. 

At that facility, employees will assemble and test the lithium ion battery packs that will power the electric XC90. By assembling the packs on at the plant, Volvo hopes to reduce shipping costs involved in transporting the heavy batteries.

Dallas Bolen, a manager with Volvo’s product launch group, told local media outlet the Post and Courier that local battery production would be more cost-effective than building batteries off-site then having to transport them to the factory.

The Ridgeville plant is currently the production home of the Volvo S60 sedan. The U.S.-built S60s are exported around the world through the Port of Charleston, one of the busiest ports in the U.S.

Volvo’s next EV will be the XC40 Recharge. It will arrive at U.S. dealers later this year.

The South Carolina plant will become the global production center for the third-generation XC90 flagship crossover. Volvo plans to build the next generation XC90 sport utility vehicle in 2022, along with a fully-electric version. The plant has the capacity to build 150,000 vehicles annually.

Volvo has not said how much of the XC90’s production at the $1.1 billion factory will be devoted to the battery-electric variant. 

That next-generation XC90 will be built on the next version of Volvo’s Scalable Product Architecture platform, referred to as SPA2. The new electric vehicle architecture is designed to make it easy to add new technology, such as microprocessors, sensors and camera technology.

Volvo declined to release its production capacity for the battery assembly plant or say how many jobs it will create. Overall, the planned XC90 production line is expected to create about 1,000 jobs.

The XC90 would be Volvo’s third battery-powered model following the electric version of the popular XC40 compact crossover, was unveiled in October. 

The electric XC40 is expected to arrive in U.S. dealerships in the fourth quarter of 2020. The crossover will be competitively priced under $48,000, after the $7,500 federal tax credit, Volvo said.

The new battery plant will support Volvo’s push to electrify around half of its lineup. The automaker aims for EVs to account for half of its global sales by 2025. Over the next five years, Volvo expects to launch a fully electric vehicle every year.

“A Volvo built in 2025 will leave a carbon footprint that is 40 percent lower than a car that we build today,” Volvo CEO Hakan Samuelsson said during a press event in October. “We made safety part of the brand. We should do the same with sustainability.”

In November 2019, Volvo Cars announced it will be the first carmaker to implement global traceability of cobalt used in its batteries by applying blockchain technology, ensuring that customers can drive battery-powered Volvos knowing the raw materials for the batteries has been responsibly sourced.

SOURCE: https://www.futurecar.com/3731/Volvo-to-Build-an-Electric-Vehicle-Battery-Plant-in-the-U-S-

International Code Council Calls For All New Homes To Be Ready For 240-Volt EV Charging SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 10:37 AM on Thursday, January 16th, 2020

https://electrek.co/wp-content/uploads/sites/3/2020/01/home-ev-charging-1600.jpg?resize=1024,512

Building codes are a labyrinth of national, state, and municipal rules. While California since 2015 has required new homes to have the necessary conduit and service-panel capacity for EV-charging, guidelines in the rest of the country are spotty. That could soon be fixed because the International Code Council (ICC) – which provides widely adopted best practices and standards for construction ­– approved putting EV-readiness in its latest guidelines.

The new guidelines equate to a ready-made, consistent national approach for EV-charging capabilities for new homes and apartment buildings.

While all states follow the principles outlined by the ICC’s building codes, the provisions are voluntary until incorporated into state or local laws. Quartz reports that about half of US states are expected to adopt the ICC’s new EV-readiness requirements.

Forward-looking municipalities – notably Atlanta, Denver, Palo Alto, and Seattle ­– already have EV-friendly construction codes in place.

Estimates for the cost of compliance for a newly constructed home vary widely from less than $100 to nearly $1,000.

A 2016 study pegged the price in San Francisco to be $920 (for a building with 10 parking spaces). But that’s significantly less than adding charging capabilities after the fact. The same research indicates that retrofitting sites by expanding electrical panels and adding wiring, could cost as much as $3,550.

The ICC explains, “The proposed code [now adopted] will allow current and future EV-owners to avoid the cost of electrical equipment upgrades, demolition, and permitting for future retrofits.”

Here are the new definitions:

  • ELECTRIC VEHICLE SUPPLY EQUIPMENT (EVSE). The conductors, including the ungrounded, grounded, and equipment grounding conductors, and the Electric Vehicle connectors, attachment plugs, and all other fittings, devices, power outlets, or apparatus installed specifically for the purpose of transferring energy between the premises wiring and the Electric Vehicle.
  • EV CAPABLE SPACE. Electrical panel capacity and space to support a minimum 40-ampere, 208/240-volt branch circuit for each EV parking space, and the installation of raceways, both underground and surface mounted, to support the EVSE.
  • EV READY SPACE. A designated parking space which is provided with one 40-ampere, 208/240-volt dedicated branch circuit for EVSE servicing Electric Vehicles. The circuit shall terminate in a suitable termination point such as a receptacle, junction box, or an EVSE, and be located in close proximity to the proposed location of the EV parking spaces.

While builders will make sure that there’s access to a 240-volt supply, it’s up to owners or tenants to buy and install the charging equipment.

The ICC says there will need to be 9.6 million new EV charging ports by 2030, with nearly 80% located in single and multi-family residential buildings. As any EV driver knows, home is where the vast majority of electric-car charging takes place.

Source: International Code Council calls for all new homes to be ready for 240-volt EV charging

Lomiko Metals $LMR.ca Discusses Benefits to Quebec Graphite Project From New Canada-USA Critical Metals Trade Deal at VRIC Booth 103 $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 9:18 AM on Wednesday, January 15th, 2020

Vancouver, British Columbia–(Newsfile Corp. – January 15, 2020) – Lomiko Metals Inc. (TSXV: LMR) would like to cordially invite you to visit us at Booth #1030 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday January 19 – Monday January 20, 2020.

The Vancouver Resource Investment Conference has been the bellwether of the junior mining market for the last twenty-five years. It is the number one source of information for investment trends and ideas, covering all aspects of the natural resource industry.

Each year, the VRIC hosts over 60 keynote speakers, 350 exhibiting companies and 9000 investors.

Investment thought leaders and wealth influencers provide our audiences with valuable insights. C-suite company executives covering every corner of the mineral exploration sector as well as metals, oil & gas, renewable energy, media and financial services companies are available to speak one on one. This is a must-attend for investors and stakeholders in the global mining industry.

For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.

We look forward to seeing you there.

For further information:

Lomiko Metals Inc.
A. Paul Gill
6047295312
[email protected]
http://www.lomiko.comUnfollowRecommendReplyNew MessagePrev MessageBack To ForumThreaded View Next Message Share

Lomiko Metals $LMR.ca 2020s: The Decade of the Electric Vehicle Revolution $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 2:03 PM on Wednesday, January 8th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property , Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Graphite Market to hit $27.03 Billion by 2025 – Analysis by Demand, Size, Share, Price, Growth Drivers and Business Opportunities: Adroit Market Research

The staggering growth in hybrid and fully electric vehicles to be an influential driving factor for the futuristic graphite industry expansion. Synthetic graphite market is projected to account for a revenue share of >85% of the total market in 2025

The global graphite market projected to be valued at around USD 27.03 billion by 2025. Furthermore, global graphite demand is anticipated to grow at a remarkable pace at a CAGR of 6.3% over the forecast period. Graphite finds numerous applications in refractories, steel making, foundries, as lubricating agent among many others. Presently, usage of graphite in car batteries for electric and hybrid electric vehicles is estimated to significantly boost the demand for graphite over the forecast period.

The Adroit Market Research recently published its research study on the graphite industry. The report covers all the major aspects of the graphite industry. The study is a comprehensive dataset which also includes qualitative aspects pertaining to the graphite industry. The market data is provided from 2015-2025 where 2015 to 2017 is the historic data, 2018 is considered as the base year and forecast period is from 2019 to 2025. The report provides a holistic view of the supply chain of the graphite industry which includes insights relevant to all the players in the graphite market value chain.

The research report on global graphite market is segmented on the basis of type, application, and region. The report includes the industry landscape in the form of market drivers, restraints and market opportunities. The study also highlights the impacts of related industries on graphite and analyses the market for various aspects using the Porter’s five forces analysis, PESTEL analysis and value chain.

Graphite is a naturally occurring allotropic form of carbon. It is a non-metal with several beneficial properties such as high melting point, thermal resistance, and high electrical and thermal conductivity. Also, graphite is available in adifferent form, owing to which it finds high usage across several industry verticals.

Graphite is either derived naturally or produced synthetically. Natural graphite mines are majorly found in China which is followed by Brazil and India. Flake, amorphous, and vein graphite are the major types of natural graphite forms which are commercially available at present. Flake graphite accounts for the highest demand in the global graphite industry with ~1.6x times growth expected further during the forecast period.

Synthetic graphite is produced by using several processes such as pyrolitic process and graphitization owing to which price of this type is much higher than natural graphite. Synthetic graphite is of high purity which is used in graphite electrodes, carbon fibers, and carbon blocks among other applications. Graphite electrode is projected to continue its dominance owing to the high degree of usage in steel making process.

By application, the batteries segment is projected to offer substantial growth owing to its applicability for new generation electric and hybrid electric vehicles. Constant technological innovations for making fully autonomous cars is projected to emerge as the biggest application which will drive the future demand for graphite. The battery segment is estimated to show a staggering growth with a 7.9% CAGR over the forecast period.

By region, Asia Pacific is estimated to continue its dominance owing to high demand from end use segments such as construction, automotive, and packaging industries. Increasing spending power is projected to further support the growth. North America and Europe are projected to show positive growth owing to high demand for hybrid and fully electric vehicles. Middle East is also projected to offer lucrative opportunities owing to high demand in the automotive industry.

The global graphite market is expected to be highly competitive, owing to a significant fragmentation in the industry. Large number of players are present across the value chain which are into manufacturing of synthetic graphite types. Boom in the natural graphite has also led to a growth in number of mining companies outside China. Showa Denko K.K., Toray Industries, Inc., Teijin Limited, Northern Graphite Corporation, Asbury Carbons are some of the key players in the graphite industry. Acquisition and capacity expansion are the key strategies followed by these players to maximize their presence in market.

For more information on the Company, please visit our website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected]