Automakers’ drive to avoid China’s EV rare earth dominance gathers speed

Summary Companies Auto industry expanding efforts to cut rare earth EV use Rare earth alternatives now commercially viable Automakers have options ready, watching for China moves Rare earth magnets will still dominate via Chinese EV makers LONDON/BERLIN, Nov 14 (Reuters) – The auto industry’s drive to make electric vehicle motors with little to no rare… Continue reading Automakers’ drive to avoid China’s EV rare earth dominance gathers speed

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The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights Nov 13 (Reuters) – Amazon.com (AMZN.O) will allow Snapchat (SNAP.N) users in the U.S. to buy some products listed on the ecommerce company directly from the… Continue reading Untitled

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NVIDIA HGX AI Supercomputer on display during the annual Foxconn Tech Day in Taipei, Taiwan October 18, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing Rights Nov 13 (Reuters) – Nvidia (NVDA.O) on Monday added new features to its top-of-the-line chip for artificial intelligence, saying the new offering will start to roll out next year with Amazon.com… Continue reading Untitled

Exxon to start lithium production for EVs in the US by 2027

[1/2]Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Summary Companies U.S. oil firm sees global market for lithium from brine China is the main supplier of refined lithium for EVs Exxon to begin output with services provider Tetra… Continue reading Exxon to start lithium production for EVs in the US by 2027

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Visitors cast their shadows past the logo of Google at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 15, 2023. REUTERS/Gonzalo Fuentes Acquire Licensing Rights Show more companies WASHINGTON, Nov 13 (Reuters) – The multi-billion dollar payments that Alphabet’s (GOOGL.O) Google makes to Apple… Continue reading Untitled

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The logo of Industrial and Commercial Bank of China (ICBC) is pictured at the entrance to its branch in Beijing, China April 1, 2019. REUTERS/Florence Lo/File Photo Acquire Licensing Rights LONDON, Nov 13 (Reuters) – China’s biggest lender, the Industrial and Commercial Bank of China, has paid a ransom to cybercriminals who hacked ICBC last… Continue reading Untitled

EV demand in Europe to slow as customers await affordable electric cars

[1/2]A Tesla electric vehicle is plugged to a charger in a parking lot in Teia, north of Barcelona, Spain, October 31, 2023. REUTERS/Albert Gea/File Photo Acquire Licensing Rights BERLIN/LONDON, Nov 13 (Reuters) – After years of accelerating growth, Europe’s electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper… Continue reading EV demand in Europe to slow as customers await affordable electric cars

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TikTok app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights KATHMANDU, Nov 13 (Reuters) – Nepal said on Monday it would ban China’s TikTok, adding that social harmony and goodwill were being disturbed by “misuse” of the popular video app and there was rising demand to control… Continue reading Untitled

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Show more companies Nov 13 (Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog, in a major policy change. The 2,100 financial firms on Zelle, a peer-to-peer network owned by seven banks including JPMorgan Chase… Continue reading article with gallery