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.
Teslarati
OCTOBER 7, 2021
Elon highlights that Tesla is limited with the supply chain shortages, and not just chips either. So even if the company produces the Semi and Cybertruck now, there won’t be any volume anyway since the supply chain is strained. The CEO also adds that Tesla’s finances should be even better, especially as FSD matures.
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).
Green Car Congress
JULY 4, 2020
For example, two-thirds of all cobalt production happens in the Democratic Republic of the Congo (DRC). However, for various reasons (including limited infrastructure, financing and a lack of appropriate policies), refining takes place in other countries, mainly Belgium, China, Finland, Norway and Zambia, which reap the economic benefit.
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. The project is being implemented by GIZ and financed by BASF, BMW Group, Google, Samsung Electronics, Samsung SDI and Volkswagen.
Green Car Congress
OCTOBER 29, 2022
This would bring Indonesia into second place for cobalt mining, after the Democratic Republic of Congo. Although there was scepticism over these projects initially, financing from China has helped them be a success, Benchmark says. Indonesia’s nickel and cobalt are key components in global lithium ion battery supply chains.
Green Car Congress
NOVEMBER 25, 2020
The trading agreement includes the provision of finance by Trafigura to fund the creation of strictly controlled artisanal mining zones, the installation of ore purchasing stations and costs related to the transparent and traceable delivery of cobalt hydroxide to Trafigura on an export cleared basis.
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