LONDON -- The UK has set a fast pace in the electric-vehicle race with its 2030 ban on sales of new combustion-powered cars and an offer of 1 billion pounds ($1.4 billion) to boost the battery industry and associated supply chain.
LONDON -- The UK has set a fast pace in the electric-vehicle race with its 2030 ban on sales of new combustion-powered cars and an offer of 1 billion pounds ($1.4 billion) to boost the battery industry and associated supply chain.
Trade groups and automotive executives are sounding the alarm that a curb on rare earth metals from China could lead to production disruptions worse than the microchip shortage.