As General Motors slows down, it needs more batteries, explains StephenWilmot WSJWhatsNow
Empty dealer lots, above-sticker prices and online sales—supply-chain issues and a shift toward electric vehicles have accelerated changes in the car-buying process. We visit a car dealer to see how consumers and sellers are adapting and what changes might be here to stay.
Photo: Adam Falk/The Wall Street JournalGeneral Motors and Ford are doing what they can to reassure investors they will have enough electric-vehicle batteries to take on Tesla in the coming years. True security of supply, though, is shaping up to be a long-term challenge.on Tuesday. One was with Korean chemicals giant LG Chem for five million EVs’ worth of so-called cathode active materials , which make up about 40% of the cost of battery cells. The other was with U.S.
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