Emerging Asian economies are taking advantage of their late-developer status to increase their economic power through massive investments in EVs.
Electric Vehicles
Economies of scale, new supplies of lithium, and alternative technologies make it possible to sell electric vehicle batteries more cheaply.
Elon Musk is a rare pro-China voice on the right. The reason why is quite simple: his company, Tesla, is doing big business in China.
Lithium-ion batteries fare poorly in cold weather. They have a tendency to slow down or even catch on fire.
There’s no such thing as “clean cobalt.” Cobalt extracted under slave-like conditions is mixed into supply from large-scale miners.
Houthi attacks in the Red Sea are making it harder and more expensive to ship parts across the globe to support EV production in Europe.
Indonesia is sticking with its nickel export ban to enhance domestic industry and leverage global battery demand.
Mitsubishi’s exit from China highlights the local market’s shift from traditional internal combustion engine cars to electric vehicles.
The Tesla Cybertruck, with its futuristic and unconventional design, may not appeal to traditional Tesla buyers prioritizing environmental consciousness and aerodynamics.
Tesla will find it ever harder to straddle the volume-premium divide without a successful launch of the Cybertruck.