Teslarati

MAY 16, 2023

16:20 CT – A longtime retail investor asks about Tesla’s plans to secure lithium supply. 16:08 CT – The shareholder now asks if Tesla would be open to extending its vehicle’s financing terms. Elon Musk notes that the banks are the ones that are deciding on its vehicles’ financing.

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Teslarati

OCTOBER 7, 2021

So mining for battery materials will stop when the transportation sector becomes electric. By this time, key battery components could be recycled. 15:38 PT – Elon highlights the importance of solar and batteries. Elon highlights that Tesla is limited with the supply chain shortages, and not just chips either.

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Green Car Congress

JULY 4, 2020

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

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Green Car Congress

NOVEMBER 29, 2021

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF). Source: BNEF.

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Green Car Congress

OCTOBER 29, 2022

The country’s government and the mining sector are determined to transform its nickel industry to meet the rising demand for Class 1 nickel, a crucial component for electric vehicle (EV) batteries.). This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo.

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Green Car Congress

NOVEMBER 21, 2020

Volkswagen says that it is actively engaging in improving artisanal cobalt mining conditions in the Democratic Republic of Congo (DRC) as well as the living conditions for people in the surrounding communities. Cobalt is an important raw material for the production of electric vehicle batteries.

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Green Car Congress

DECEMBER 18, 2020

BASF SE is contributing to finance the study. Both BMW Group and BASF SE are already working successfully together with other partners in the “Cobalt for Development” project in the Democratic Republic of the Congo. Two-thirds of the world’s lithium reserves are found in Latin America.

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