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Electric Mobility
Reuters
Nov 30, 2022, 10:13 PM
Original equipment manufacturers' battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030.
1 Min
Reuters | Nov 30, 2022Stellantis, GME Resources Seal Nickel And Cobalt Deal For Battery ProductionThe deal marks a further move by the world's fourth largest carmaker to lock down supplies of metals needed for batteries that power EV cars, ahead of an expected surge in global demand as a transition towards cleaner mobility gains traction.1 min read
Reuters | Nov 30, 2022EV Maker Lucid Files For New Offering To Raise $8 Billion In StagesLucid filed for a new offering of up to $8 billion as the luxury electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its production.1 min read
Reuters | Nov 30, 2022Piedmont To Build Lithium Plant In Tennessee For EV MarketPiedmont Lithium will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry.1 min read
Reuters | Nov 30, 2022Germany To Spend 6.3 Billion Euros On Push For Electric Car Charging PointsThe plan envisages a 14-fold increase in the number of charging stations, climbing to 1 million by 2030 from around 70,000 now. It would focus on building them in local municipalities which are currently undersupplied.2 mins read
Reuters | Nov 30, 2022Mercedes Signs 1.5 Billion Eur Deal With Rock Tech Lithium To Push E-Car DriveThe deal allows the luxury carmaker to supply its battery partners with raw material, starting in 2026, including a qualification period, in order to rapidly scale up production of fully electric vehicles, it said in a statement.1 min read
Reuters | Nov 30, 2022China's Evergrande Delivers First Electric VehiclesThe company, a unit of heavily indebted property developer China Evergrande Group, launched production of the vehicle at a plant in the northern city of Tianjin last month.1 min read
Reuters | Nov 30, 2022RattanIndia To Buy Electric Motorcycle Maker RevoltRattanIndia, whose shares soared 10% in morning trade, did not disclose the size of the deal. It's buying the stake in Revolt Motors at a time when eco-conscious consumers are turning to alternatives to conventional vehicles.1 min read
Reuters | Nov 30, 2022Musk Says Pepsi To Receive Tesla's First Semi Trucks In DecemberTesla Inc is starting Semi electric commercial truck production and PepsiCo Inc will get the first deliveries on Dec. 1, the electric vehicle maker's chief Elon Musk tweeted on Thursday.1 min read
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