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Sale of automotive unit would free up ample cash to invest in rapidly changing battery technology
Due diligence report by Grant Thornton had raised multiple “red flags” over David Collard, his businesses and his ability to raise financing
Former employee serves ‘statutory demand’ on Recharge Industries, which could lead to bankruptcy proceedings
Oil producer has acquired rights to 120,000 acres of land in Arkansas as part of big strategic pivot
Governments count on metals recycling boom for energy security
Industry anticipates surge in disposals as first batch of electric vehicles nears end of 10-year life cycle
Swedish brand eyes President Joe Biden’s green subsidies as it prepares to buy EV batteries from European start-up Northvolt
Japanese manufacturer works on new approach as it targets big increase in electric vehicle production
Exports of lithium ion-based products increase safety risks and pose ‘huge problem’ for shipping, says IMO
Investment is the largest by a foreign carmaker in a US factory since Inflation Reduction Act was passed
Japanese electronics group slashes full-year operating profit for its car battery unit by 15%
Chile’s lithium boom highlights challenges for the clean tech supply chain
Toyota appears close to a manufacturing breakthrough that could accelerate the transition to electric vehicles. But will the technology ever be commercially viable?
Shares of LG Energy Solution fall to a year-low after South Korean manufacturer delivers downbeat outlook
Battery maker could go public as soon as next year in one of the largest IPOs for a European company in recent years
World’s biggest carmaker says stacking speed needed for full manufacturing is ‘almost there’
For companies large and small, federal incentives prove too enticing to resist
Financial reality is catching up with bold hopes for energy revolution
Belgian group cuts capital expenditure forecast after $715mn pledged in government support for factory in Ontario
Lithium, cobalt and nickel prices tumble as ‘irrational exuberance’ wears off and surge in supply hits markets
Companies that wrench apart and shred old cars prepare for ‘fundamental shift in recycling’
Rising demand for electric vehicles and the batteries that power them leads to more trees being felled
Brussels says it will interpret ‘made in Europe’ rules very loosely in 2024
Tentative concession by carmaker to UAW comes as strike enters fourth week
The country is solidifying its position as Africa’s largest auto-manufacturing hub
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