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Reuters @reuters.com · London 🇬🇧 · 2d

Albemarle, the world's largest lithium producer, reported a quarterly profit of $319.1 million—more than double Wall Street's expectations—largely driven by rising lithium prices and sales, as demand from the electric vehicle and energy storage sectors increases amid tightened supply due to various factors, leading to a more than 9% surge in the company's shares. #Lithium #ElectricVehicles #EnergyStorage #CN #ZW #AU #US

www.reuters.com
Albemarle's profit far exceed expectations as lithium prices rebound
May 6 (Reuters) - Albemarle (ALB. N), opens new tab, the world's largest lithium producer, posted a quarterly profit on Wednesday more than double Wall Street's expectations due to rising prices and sales of the battery metal, and its shares rose more than 9%.
The New York Times @nytimes.com · New York City 🇺🇸 · 3d

Ford Motor has written off $20 billion in electric vehicle investments but plans to continue developing an electric pickup truck that will launch at a competitive price of $30,000 next year, despite recent setbacks including production suspensions and executive departures. #ElectricVehicles #Ford #EVInnovation #US #CN #IR #KY #CA #EU #LA #AF

www.nytimes.com
Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
The New York Times @nytimes.com · New York City 🇺🇸 · 3d

Ford Motor has written off $20 billion in electric vehicle investments, yet it remains committed to developing an electric pickup truck set to launch next year for $30,000, despite recent setbacks such as production suspensions and leadership changes. #ElectricVehicles #Ford #SustainableTransportation #US #CN #CA

www.nytimes.com
Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
The New York Times @nytimes.com · New York City 🇺🇸 · 3d

Ford Motor has written off $20 billion in electric vehicle investments due to past setbacks but remains committed to launching a new electric pickup truck priced at $30,000 next year, aiming to compete with Chinese automakers and capitalize on the growing demand for electric vehicles. #ElectricVehicles #Ford #PickupTruck #US #CN #KY #CA

www.nytimes.com
Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
The Guardian @theguardian.com · London 🇬🇧 · 3d

Britští vládní úředníci uvedli, že Jaguar Land Rover zvažoval přesun výroby automobilů z Velké Británie a zrušení pracovních míst, pokud by nedostal dotaci 380 milionů liber pro svou sesterskou bateriovou firmu Agratas, což mohlo vést k odlivu britského automobilového průmyslu. #AutomotiveIndustry #ElectricVehicles #UKManufacturing

www.theguardian.com
Jaguar Land Rover could have shifted production from UK without £380m battery subsidy, officials warned
Government officials said in December that Britain's largest automotive employer could lead exodus from UK Jaguar Land Rover would have considered moving car production out of the UK and slashing jobs if not for a £380m subsidy for its sister battery company, government officials claimed privately.
The New York Times @nytimes.com · New York City 🇺🇸 · 4d

Costa Rica leads the Western Hemisphere in electric vehicle purchases per capita, with a significant shift towards affordable Chinese-made models, as the country promotes EV adoption to reduce dependence on imported oil and respond to rising fuel prices amid global geopolitical tensions. #ElectricVehicles #Sustainability #AutomotiveIndustry #CR #ET #UY #US #CN #MX #CO #BR #KE

www.nytimes.com
Los autos eléctricos ganan terreno frente a la volatilidad del petróleo
Jack Ewing ha cubierto la industria automotriz en todo el mundo y pasó una semana en Costa Rica reportando este artículo.