EV battery shortages spark concerns

Bradley Prior

MyBroadband Journalist
Staff member
Super Moderator
Oct 16, 2018
EV battery shortages spark concerns

Automakers to trading houses from North America to Europe are becoming more concerned about future supply shortages of key materials needed for electric vehicle batteries as spending on new production soars, according to the developer of a $1.5 billion project in Australia.

More than a dozen parties have now expressed interest in taking up as much as a 50% stake in Clean TeQ Holdings Ltd.’s Sunrise nickel-cobalt-scandium project, Chief Executive Officer Sam Riggall said Monday in an interview. [Bloomberg]