-
Global EV Industry Faces Outsized Risk From Cobalt Supply Disruptions
Back in 2020, the electric vehicle sector witnessed a major evolutionary change after leading EV makers started using cobalt-free batteries at scale. Back then, Tesla Inc. (NASDAQ:TSLA) officially shifted to Lithium Iron Phosphate (LFP) for its standard-range vehicles while its leading Chinese rival, BYD Company (OTCPK:BYDDF), introduced its famous "Blade" batteries, triggering mass adoption of LFP batteries for electric vehicles by other automakers. LFP batteries have helped EV manufacturers to lower production costs, eliminate reliance on expensive and ethically fraught materials like cobalt and nickel and ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From pmi.spglobal.com|3 hr ago|3 commentsFlash PMI® data from S&P Global signalled a near-stabilisation of business activity in Australia during June, following a slight reduction in the previous month. New orders ...
From youtube.com/cmegroup|3 hr agoIn this market commentary, Jim Iuorio of TJM Institutional Services breaks down the recent fluctuations in the bond market. Before the conflict, 10-year yields sat below four ...
From investinglive.com|4 hr agoGold is trading lower today, although it has recovered from its session lows. The metal is currently down around $30 as rising U.S. Treasury yields and a stronger U.S. dollar ...
-
- Newer Stories
From zerohedge.com|2 hr 21 min ago|1 commentChina’s monthly gold imports reached their highest in more than two years in May, showing the world’s biggest buyer’s appetite for bullion remained resilient as prices remained ...
From pmi.spglobal.com|2 hr 6 min agoThe latest Flash PMI® data, compiled by S&P Global, pointed to the strongest rise in total business activity across Japan's private sector for three months in June. This was ...
From channelnewsasia.com|1 hr 36 min agoJapan's manufacturing sector sustained robust growth in June, with new orders surging to their fastest pace in more than four years, though cost pressures continued to intensify ...
- Story Stats
- Jun 22, 6:30pm | 3 hr ago Posted byFundamental Analysis37
- Instrument:
