Chinese and Russian industrial giants seek to tap mineral deposits vital to electric cars. A Texas entrepreneur has his own strategy: the long game.
The company will make electric pickups at an existing plant and batteries at a factory built with a partner, a person with knowledge of the plan said.

EV battery recycling won't become a major business until 2030, according to a new report from research firm Wood Mackenzie. Recycling used EV battery packs has been discussed as a way to lessen demand on resources, but it will be difficult for recyclers to achieve competitiveness on cost and volume, or even find enough battery packs to recycle...
The plant, which will employ 1,750 people, will be located outside of Greensboro.

Global average battery prices fell 6% between 2020 and 2021, but they might be on the rise going forward, according to Bloomberg New Energy Finance's (BNEF) annual battery price survey. Lithium-ion battery pack prices averaged $132 per kwh in 2021—down from $140 per kwh in 2020—and $101 per kwh on a cell basis, the report said...

Mercedes-Benz and Stellantis are investing in Massachusetts-based solid-state battery firm Factorial Energy, becoming the latest in a series of automakers to back development of solid-state batteries. Multiple solid-state battery firms have cropped up promising improvements in performance over the lithium-ion chemistry used in nearly all current...
Dangerous mining conditions plague Congo, home to the world’s largest supply of cobalt, a key ingredient in electric cars. A leadership battle threatens reforms.

Nissan on Monday unveiled an ambitious plan to launch nearly two dozen new electric cars and hybrids and invest in solid state battery tech by the end of the decade. Dubbed Nissan Ambition 2030, the plan calls for 23 electrified models for the Nissan and Infiniti brands globally, including 15 all-electric vehicles, by 2030. It's part of a larger...
But challenges await, including technical issues, regulatory barriers and many miles of highway.
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.