Threatened By Shortages, EV Makers Race for Lithium Supplies
The race is on for "white gold."
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The race is on for "white gold."
Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold.”
Ford has signed contracts stretching up to 11 years into the future with lithium suppliers on two continents. Volkswagen and Honda are trying to reduce their need for freshly mined ore.
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