Lithium price in China surges 40% to 18-month high
Lithium prices are soaring in China on the back of heavy demand for lithium iron phosphate (LFP) batteries, a new report by
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Albemarle shares slip on $1.3 billion stock offering
(Reuters) – Albemarle Corp shares slipped 1.5% in extended trading on Tuesday after the world’s largest producer of lithium launched a $1.3 billion share offering to fund its growth plans and pay down debt.
Read MoreGM’s switch to electric vehicles is part hype, part hope
It has been a long time since anyone took it on faith that what is good for General Motors…
Read MoreTesla hit by battery shortage amid rallying lithium, cobalt, nickel prices
In a call to investors following disappointing financial results released Wednesday, CEO Elon Musk says Tesla doesn’t have enough cells to put new products like Semi truck into production.
Read MoreSeveral automakers join GM in dropping support for Trump effort to block California emissions rules
Toyota Motor Corp, Fiat Chrysler and other major automakers said on Tuesday they were joining…
Read MoreEU electric vehicle push needs 80 billion euros for chargers: industry group
BRUSSELS/LONDON (Reuters) – An EU plan for a fifty-fold increase in electric cars this decade to help cut greenhouse gas emissions will require an 80 billion euro…
Read MoreFord to invest $1 billion to upgrade South Africa operations
JOHANNESBURG (Reuters) – Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday.
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