Topic
Business US EU

Automakers delay battery deal funding

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Carmakers delayed battery deals with miners and scaled back electric-vehicle targets as falling commodity prices and weak EV demand left miners struggling to fund projects and squeezed established automakers.

Reposted by Aric Rindfleisch

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Yes, but abandoning GHG reduction is NOT going to make the US export any more cars. They would first have to come up with decent cars and decent car makers (even if Tesla made the best car in the world I would not buy one).
November 10, 2025 at 12:56 PM
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Reposted by Francesco Nicoli

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Batteries for EVs have dropped in price significantly in the past 4-5 years due to scale and large increase in lithium production.
November 10, 2025 at 12:25 PM
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EV and hybrid sales soar in Australia as internal combustion cars fall below 70% market share for first time
www.theguardian.com/environment/...
EV and hybrid sales soar in Australia as internal combustion cars fall below 70% market share for first time
Data from peak motoring body shows battery-electric vehicles accounted for 9.7% of new cars sold in September quarter, the highest proportion on record
www.theguardian.com
November 10, 2025 at 9:39 AM