Cars That Think
DECEMBER 23, 2022
Stellantis CEO Carlos Tavares has been very vocal in saying the speed demanded for the transition to EVs by politicians is “ beyond the limits ” of what the auto industry can support, and worries it could end up being counterproductive. You cannot change the sources from Congo, China and other places within two to three years.”
Baua Electric
JANUARY 10, 2024
The low prices are making it harder for mine builders to raise money from more traditional sources as well, at a time when the industry is also grappling with rampant inflation driving up the cost to build new projects. The auto industry had shown signs of becoming an key source of funds, as companies such as Ford Motor Co.
Charged EVs
JANUARY 18, 2023
It started [in the auto industry] in the 1980s from a quality management perspective, to be able to track defective parts and to know who is responsible for them. As an example, raw materials are located in different regions of the world, and 90% of the cobalt used in EV batteries comes from the Democratic Republic of Congo.
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