Where the math is defensible.
Long-form research on live enterprise decisions. Publication is selective. Every number traces to a named source. No takes without evidence.
The Lithium Price Collapse: Marginal Cost, Demand Drift, and the 2027 Floor
Lithium carbonate fell 87 percent from the November 2022 peak and has spent five quarters bouncing along the Australian spodumene cost cliff. The recovery path now depends on Chinese converter discipline, BEV demand growth that is decelerating in every major region, and a direct lithium extraction pipeline that has slipped two years.
Battery grade lithium carbonate equivalent (LCE) priced on a CIF Asia basis collapsed from 84,000 dollars per tonne in November 2022 to 10,500 dollars in early 2024, then traded in a 10,000 to 13,000 dollar band through Q1 2026. The price is now sitting on the marginal cost of Chinese converter feedstock processed from Australian spodumen...
Morocco's automotive cluster 2026: Tangier, Kenitra, and the EV transition test
Renault Tangier Med, Stellantis Kenitra, and a phosphate to LFP cathode play position Morocco as Europe's nearshore EV factory, but CBAM, US Foreign Entity of Concern rules, and rules of origin renegotiation will decide which of the projects actually clear.
Morocco's automotive sector overtook phosphates and agri food to become the country's largest goods export in 2023 and consolidated that lead through 2025, with shipments reported by the Office des Changes crossing 157 billion dirhams, equivalent to roughly 14.6 billion euros. The Renault Tangier Med complex passed one million cumulative ...
Hungary EV battery hub 2026: Debrecen, CATL, and the EU state aid test
Why Hungary will likely overtake Germany as Europe's largest cell manufacturing footprint by 2027, and how grid, water, and Brussels scrutiny constrain the trajectory.
Hungary entered 2026 with roughly 215 GWh of announced battery cell capacity, a footprint that will surpass Germany's by 2027 if the CATL Debrecen ramp, Samsung SDI Goed expansions, and SK On Komarom phases proceed on current schedules. Budapest's open door to Chinese capital, the unusual generosity of its subsidy package, and a clustered...