Global Oil Demand Is Set to Slow
The International Energy Agency said oil consumption will hit a peak in a few years, with shrinking gasoline use after 2026.
Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States.
EE. UU. necesita minerales para los carros eléctricos
A medida que el mundo cambia a fuentes de energía más limpias, el control sobre los materiales necesarios para impulsar esa transición sigue en disputa.
Your Wednesday Briefing: A Rare Incursion Into Russia
Plus, Australian efforts to break with China on lithium.
Australia Tries to Break Its Dependence on China for Lithium Mining
Half of the world’s supply of the critical battery ingredient is mined in Australia, which ships virtually all of it to China. The government and business are betting they can change that.
The U.S. Needs Minerals for Electric Cars. Everyone Else Wants Them Too.
The United States is entering an array of agreements to secure the critical minerals necessary for the energy transition, but it’s not clear which of the arrangements can succeed.
Your Wednesday Briefing: Ukraine Says It Shot Down Hypersonic Missiles
Also, a dim outlook for Cambodia’s opposition.
Can the World Make an Electric Car Battery Without China?
From mines to refineries and factories, China began investing decades ago. Today, most of your electric car batteries are made in China and that’s unlikely to change soon.
China Orders Tesla to Recall 1.1 Million Vehicles Over Braking Risks
Defects on certain Tesla models could lead drivers to step on the accelerator pedals for longer than necessary, increasing the risk of collisions, China’s market regulator says.
Battery Factories Are Driving Chinese Investment in Europe
Although China is investing less in Europe overall, Chinese battery producers are building factories to meet the demands of the region’s growing need for electric vehicles.