By Jack Phillips CEOs during a recent panel discussion warned that an energy crisis during the 2023–24 winter months could be even more challenging than the coming “difficult winter.” “We’ve…
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ENERGY
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Aims to ‘support GM’s goal of 1 million units of EV capacity in North America by the end of 2025’ By Victoria Kelly-Clark General Motors (GM) has signed a landmark agreement…
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CHINA
Lithium Prices Surge to Record High, Threatening to Push Up Expensive EV Costs Even Higher
by EditorTBy Bryan Jung The price of lithium carbonate, the key material used to make electric car batteries, has continued to skyrocket, tripling in the past year. The valuable mineral is mainly processed in…
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CHINA
Chinese State-Owned Firm Won Nearly 6 Million Barrels of US Oil Reserves Through Auction Sale, Records Show
by EditorTBy Eva Fu The Biden administration has sold nearly 6 million barrels of oil from the U.S. strategic reserve to an entity tied with the Chinese Communist Party, records show. From…