Lithium nationalization bombshell
Lithium nationalization bombshell
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Follow-up models of the E-Class will be built on a new platform adapted for battery-powered cars, though this generation will already be available as a hybrid.
While start-ups are working on sodium ion batteries that could eventually provide a cheaper alternative for EVs, the auto industry will be entirely dependent on lithium for its batteries for many years to come.
Mercedes-Benz on Tuesday launched its last new combustion engine model - the next generation of the E-Class, which will be built in Germany and China and go on sale in Europe in the third quarter... | April 25, 2023
Chile's move to nationalise its lithium industry adds fresh supply chain uncertainty for global carmakers facing a shortage of electric vehicle (EV) battery materials and could provide fresh urgency to find new sources of the metal.