Cobalt Demand Set to Surge as Automakers Call for EV Battery Production in Europe
At this year’s Frankfurt Motor Show, BMW (ETR:BMW), Mercedes-Benz, Audi (FWB:NUS) and Jaguar Land Rover all promised that their fleets will offer electric options for every model by no later than 2025. Additionally, BMW, Mercedes-Benz and Volkswagen (FWB:VOW) said they expect more than 25 percent of their sales to come from battery-powered vehicles by the middle of the next decade. Their statements follow the news that France and the UK plan to ban all sales of fossil fuel cars by...
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