An electric truck start-up founder goes to trial

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Carmakers take control of supply sourcing as battery costs rise

For the first time in more than a decade, the cost of an electric car battery is set to rise this year. Soaring prices for battery raw materials — such as lithium, cobalt and nickel — have led commodity research provider BloombergNEF to predict the reversal of a long-held trend towards cheaper cells, which had… Continue reading Carmakers take control of supply sourcing as battery costs rise