Europe makes strides to reduce dependency on Chinese battery supply chain, but downstream won’t be so easy, Fitch says.
Fortescue founder Andrew Forrest is “runnin’ down a dream” of a green-powered Australian steel-making renaissance.
New report shows US spending on electrified transport peaked in 2018 with Tesla Model 3 launch. Europe’s spending in 2020 was 4 times larger, surpassing China.
The companies have received the necessary regulatory approvals and funds to start construction activities.