China's Nio has agreed to pay $12 million for a 12.16% stake in Greenwing Resources. Lithium carbonate prices in China hit a record 501,500 yuan/tonne in September. Nio is gearing up to make its own battery packs starting in 2024.
Elon Musk and Vivek Ramaswamy, appointed as co-leads of President-elect Donald Trump's "Department of Government Efficiency" (DOGE), have detailed their plans in an op-ed published in The Wall Street Journal.
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