It appears the the EV (electrical vehicle) wave is building here in the U.S. New data from Experian Automotive, the data collection company’s auto data arm, is showing new auto registrations for EVs have jumped 60% from a year ago in the first quarter, and have hit an all-time high of 4.6% of the overall market.
Czech carmaker Skoda, owned by Germany's Volkswagen, is confident that its parent will take a decision on its fourth large battery factory in Europe by 2023 at the latest, a management board member said. Wolfsburg-based Volkswagen in October said it planned to decide in the first half of 2022 on the location for a planned battery cell plant in eastern Europe, which would be the fourth under its plan to build six such sites across Europe by the end of the decade. "The decision will be taken in Wolfsburg in Germany," Michael Oeljeklaus, Skoda's management board member for production and logistics, said.
(Bloomberg) -- The London Metal Exchange plans to force members to regularly report details of their over-the-counter metals positions, substantially expanding its market surveillance capabilities in the wake of this year’s nickel squeeze.Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderTerraform Again Halts Blockchain Behind UST Stablecoin, LunaM