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Europe’s bid to build a homegrown battery industry to break China’s dominance in electric vehicles is failing.

Ascend Elements said it will start to market lithium carbonate, a key component in EV batteries, that it has been able to recycle and refine at its Covington, Ga., facility.

The average price of lithium-ion battery packs has fallen the most in seven years,  a development likely to accelerate price parity between electric vehicles and gasoline-powered cars.

BARCELONA, Spain — Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Dec. 10.

FreightVana believes the deal will boost its position in the power-only brokerage segment. Loadsmith provides power-only and standard freight brokerage.

The U.S. government is considering whether to provide a loan of up to $550 million to help developing a nickel and cobalt mine in Brazil’s Northeast.

South Korean companies are reconsidering their $54 billion investment blitz to build EV battery plants in the U.S. over concerns President-elect Donald Trump could undo tax credits for EVs.

Days after laying off 400 staff and halting production at its Joliet, Ill., bus manufacturing plant, Lion continued its ongoing fundraising push with the building sale.

Postmaster General Louis DeJoy said the Postal Service needs to replace aging trucks, and he wasn’t aware of an effort by the incoming presidential administration to cancel plans to buy EVs.