Month: June 2020

German auto stimulus to accelerate the transition to electric vehicles

“Germany has become the second major European economy to use a multi-billion-euro recovery plan to spur clean driving, with incentives for electric cars that should boost Volkswagen and Tesla, while polluting SUVs face higher taxes.” The country has effectively doubled electric car subsidies, lowered the associated VAT, and rejected an auto industry request to incentivise …

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Carmakers facing ‘critical’ shortage of battery materials

“The COVID-19 pandemic may have dampened demand for electric vehicles and associated raw materials in the near term, but “critical” supply issues and wild price volatility loom once normality returns, according to Benchmark Mineral Intelligence head of price assessments Caspar Rawles.” This article is for MiningNews subscribers only. To read the full article, click here …

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