Ben Geman of Axios writes on the global EV race.
- Businesses and governments around the world are pushing to secure the rare earth minerals that are essential to powering EVs and other clean tech.
- Tesla has just announced a partnership with Talon Metals that would have Talon supply Tesla with 75,000 metric tons of nickel from Talon’s mines in Minnesota.
- France will raise €1 billion ($1.1 billion) to secure rare metals for its EV battery manufacturing industry.
- As more businesses and governments announce net zero goals, establishing a reliable supply chain of rare earth minerals will be essential to keeping the energy transition affordable for consumers.
Read the full article here.