Americans failed to safeguard decades of diplomatic and financial investments in Congo, where the world’s largest supply of cobalt is controlled by Chinese companies backed by Beijing.
The president’s son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles.
Ford remains an investor, but its own E.V. development plans have progressed since the partnership was announced.
Peter Rawlinson designed the Tesla S. His new Lucid Air sedan is a direct challenge to Tesla’s dominance.
The company, backed by Amazon and Ford, was valued at nearly $70 billion in its initial public offering, though it has delivered only 156 vehicles.
The company, backed by Amazon and Ford, has delivered only 156 trucks so far, but its market worth approaches that of Ford.
Ford, G.M. and Mercedes agreed to work toward selling only zero-emissions vehicles by 2040. But Toyota, Volkswagen and Nissan-Renault did not join the pledge.
Ford, G.M. and Mercedes agreed to work toward selling only zero-emissions vehicles by 2040. But Toyota, Volkswagen and Nissan-Renault did join the pledge.
Ford’s plans for multi-billion dollar manufacturing sites for electric vehicles has Tennessee and Kentucky singing a different tune on cleaner energy.
The company updated registration documents with the Securities and Exchange Commission on Monday.
