China’s Nio joins the race for lithium, buys 12% of Australia’s Greenwing Resources

#News

China’s Nio joins the race for lithium, buys 12% of Australia’s Greenwing Resources

China’s electric vehicle upstart Nio has joined Tesla in sourcing raw materials directly from mines rather than its own battery suppliers as soaring prices of lithium, a critical component of EV batteries, hurt manufacturers’ supply chain stability and bottom lines. Lithium carbonate prices in China hit a record 501,500 yuan/tonne in September, tripling the number […]

China’s Nio joins the race for lithium, buys 12% of Australia’s Greenwing Resources by Rita Liao originally published on TechCrunch

China’s Nio joins the race for lithium, buys 12% of Australia’s Greenwing Resources

2022-09-28 06:03

16 views

Same Tag Posts

  1. Robotics investments are gaining speed after post-pandemic slowdown ()
  2. Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz ()
  3. Agility’s humanoid robots are going to handle your Spanx ()
  4. SpaceX scores $843M NASA contract to de-orbit ISS in 2030 ()
  5. US charges Russian civilian for allegedly helping GRU spies target Ukrainian government systems with data-destroying malware ()
  6. Sonia’s AI chatbot steps in for therapists ()
  7. Welcome to the fediverse: Your guide to Mastodon, Threads, Bluesky, and more ()
  8. This smiling robot face made of living skin is absolute nightmare fuel ()
  9. OpenAI delays ChatGPT’s new Voice Mode ()
  10. ChatGPT for Mac is now available to all ()

Same Category Posts