EV Batteries


The following two articles pertain to EV’s, particular EV batteries.

The first is a Barron’s article about Ford pausing construction of its battery plant.  The second is about an enormous Lithium deposit that was found in Northern Nevada.

Rich


Ford Pauses $3.5 Billion EV Battery Plant. Why This Is Big.
Ford Motor is hitting the pause button on a $3.5 billion battery plant for Michigan that is slated to use technology licensed from Chinese battery maker Contemporary Amperex Technology Co. Ltd, or CATL. The decision will raise more questions than answers for investors about labor relations, electric vehicle technology, costs, and demand. Ford (ticker: F) stressed it was a construction pause. “We haven’t made any final decision about the planned investment there,” said a company spokesman in an

Read in Barron’s: https://apple.news/APTJgwMbTR2anEBFRBt7YKQ


The World’s Largest Lithium Deposit (That We Know of) Won’t Be Easy to Mine
Setting up a mine to extract the massive deposit of lithium will require a wholly new process to separate the metal from its natural clay deposit.

Read in Popular Mechanics: https://apple.news/AV-cXcmMnTj-MvYmqshsSfA

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