Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
Category: Lithium (Metal)
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Electric Vehicles Could Match Gasoline Cars on Price This Year
The New York Times – Business: -
GM Posts Solid Profit as It Pushes to Take On Tesla in EVs
The New York Times – Business:Aiming to make a million electric vehicles a year by 2025, General Motors is investing in a Nevada lithium mine to help with battery production.
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Electric Cars Are Taking Off, but When Will Battery Recycling Follow?
The New York Times – Business:Many companies and investors are eager to recycle batteries but it could take a decade or more before enough used lithium-ion batteries become available.
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Global Car Supply Chains Entangled With Abuses in Xinjiang, Report Says
The New York Times – Business:A new report on the auto industry cites extensive links to Xinjiang, where the U.S. government now presumes goods are made with forced labor.
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Biden Expands Effort to Lower Gas Prices and Secure Energy Independence
The New York Times – Business:Draining of emergency oil reserves draws criticism that the White House is trying to lower gas prices with midterm election politics in mind.