( ) -q-21- UNDATED (Correspondent Jeremy House) “other raw materials.” Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold.” [CutID: <Cuts> LITHIUM-SHORTAGES-house-q-WEDam.mp3 Time: 21s Title: LITHIUM-SHORTAGES-house-q-WEDam Out-cue: other raw materials] TAG: Correspondent Jeremy House reporting. Others are investing in lithium refiners or […]
Audio
EV makers race for supplies of lithium for batteries
( ) -q-21- UNDATED (Correspondent Jeremy House) “other raw materials.”
Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the once-obscure “white gold.”
[CutID: <Cuts> LITHIUM-SHORTAGES-house-q-WEDam.mp3
Time: 21s
Title: LITHIUM-SHORTAGES-house-q-WEDam
Out-cue: other raw materials]
TAG: Correspondent Jeremy House reporting. Others are investing in lithium refiners or recycling technology. A shortfall in supplies would be an obstacle for government and industry plans to ramp up sales to tens of millions of electric vehicles a year.
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VERBATIM: The race is occurring in a politically and environmentally fraught competition from China to Nevada to Chile. General Motors and the parent company of China’s BYD Auto Limited are going straight to the source and buying stakes in lithium miners. It’s a rare step in an industry that relies on outside vendors for copper and other raw materials.