Rare earth minerals and other battery materials are shaping up to be very important on the geopolitical stage. As this piece at Quartz points out, China's grip on the minerals that drive not only clean
, China’s grip on the minerals that drive not only clean technologies, but other important things like medical imaging, came to a head for Japan in 2010. China was able to bring Japan to its knees by cutting off supplies. This led Japan to take a very different path on clean technology, and could explain why Japanese automakers are clinging to hydrogen technology when the rest of the world is going with battery-electric vehicles .
The German battery manufacturer is working to prepare for the imminent arrival of Tesla. In a separate report, thestated that Porsche had engaged in talks with Daimler about purchasing VIA’s electric vehicle subsidiary. Porsche SE is responsible for all worldwide Group activities along the battery value chain, ensuring cell supply for Volkswagen’s e-mobility push.
In order to develop more sustainable battery production, both parties intend to boost cooperation based on recognized ESG criteria between PowerCo and the Canadian mining sector. The Canadian mining sector is seen as a world leader in terms of responsibility and transparency. For this purpose, PowerCo is planning to establish a new dedicated liaison office in Canada with a key focus on supplying critical raw materials such as lithium, nickel, and cobalt.
Volkswagen Group says it plans to offer 25 battery-electric models by the end of the decade in North America. Furthermore, it is expanding its regional capabilities for EV research and development, vehicle assembly, component production, and supply relationships across North America.
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