Volkswagen’s Largest EV Plant Slows Down Again Due To Weak Demand
The situation at the Volkswagen Group’s largest electric car factory in Zwickau, Germany appears to be worsening. After numerous reports of demand issues earlier this year, Volkswagen cancelled the third shift on production line number 1, which is responsible for…
Exxon Makes Foray Into EV Battery Minerals
Oil giant ExxonMobil is making a foray into electric vehicle batteries, saying it will extract lithium from water in Arkansas. The $100 million Exxon reportedly put into leasing the area where it plans to get the lithium is miniscule, however,…
