Biden’s energy funds fall behind schedule over China scrutinyJust four companies have received the money available through the Bipartisan Infrastructure Law and the Inflation Reduction Act.Bloomberg News | July 17, 2023 | 7:07 am
Detroit of Asia targets battery makers to stay ahead in EV raceThailand has set a target for 30% of its car…Bloomberg News | July 17, 2023 | 6:46 am
Families in the DRC increasingly rely on children working in cobalt mines — reportChildren are increasingly being encouraged to work at cobalt mine…Valentina Ruiz Leotaud | July 16, 2023 | 8:29 am
Supply snags threaten EV revolution, top Toyota scientist says Surging battery prices and shortages of metals and materials are likely to last for some time, Toyota’s chief scientist warned. Bloomberg News | June 1, 2022 | 5:18 pm
Lithium mining stocks plunge after Goldman sees “sharp correction” Billions wiped off sector after Goldman says bull market “over for now" but Chinese lithium prices have begun to tick upwards again. Frik Els | June 1, 2022 | 4:34 pm
Managem to supply Renault with cobalt for EV batteries Under this seven-year supply deal, Managem will supply Renault with 5,000 tonnes of cobalt sulfate annually starting from 2025. Reuters | June 1, 2022 | 10:45 am
Race for cheaper EVs may face years-long setback on metal costs A surge in battery metal prices means it could take several years longer for electric vehicles to become as affordable as conventional cars, according to BloombergNEF. Bloomberg News | June 1, 2022 | 9:57 am
VW CEO says Tesla moves at double speed in changing industry VW’s efforts to make changes are often held up by a convoluted governance structure. Bloomberg News | June 1, 2022 | 7:12 am
US needs to take urgent steps to prevent getting ‘shut out’ from critical minerals, says researcher President Joe Biden authorized the Defense Production Act to increase battery metals production and reduce the country’s reliance on China and Russia. Naimul Karim | June 1, 2022 | 6:46 am
India’s top e-recycler to spend $1bn on expansions as EVs take off Attero is seeking to recycle over 300,000 metric tons of lithium-ion battery waste annually by 2027. Reuters | May 31, 2022 | 10:19 am
UK EV battery hopeful plans $253 million pilot plant Britishvolt says it’s close to announcing another major investor for what is planned to be one of the UK’s biggest EV battery plants. Bloomberg News | May 31, 2022 | 9:43 am
Reopening bets spur market-leading rally in China lithium stocks Goldman expects “sharp correction” for lithium price. Bloomberg News | May 31, 2022 | 8:01 am