Thinker101
Diamond Member
- Mar 25, 2017
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America’s transition to electric vehicles is running into an unexpected snarl.
A surprising crash in prices for lithium, cobalt and other metals used in EV batteries is hitting mining companies, which are suspending or delaying new projects and expansions. The disruptions are threatening to deepen shortages of those materials in coming years and hit the brakes on the Biden administration’s timeline for weaning the country off gas-powered cars.
Not looking good for EV promoters. Then again, I'm guessing most of these clowns (especially Biden) don't know where these metals come from.
MSN
A surprising crash in prices for lithium, cobalt and other metals used in EV batteries is hitting mining companies, which are suspending or delaying new projects and expansions. The disruptions are threatening to deepen shortages of those materials in coming years and hit the brakes on the Biden administration’s timeline for weaning the country off gas-powered cars.
Not looking good for EV promoters. Then again, I'm guessing most of these clowns (especially Biden) don't know where these metals come from.
MSN