Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 6 Managing Financial Resources.

Description: As automakers race to go electric, there’s a big problem lurking underground. Companies are betting hundreds of billions of dollars on electric cars and trucks. To make them, they’ll need a lot of batteries. And that means they need a lot of minerals, like lithium, cobalt and nickel, to be dug up out of the earth.

Source: NPR.org

Date: Mar 13, 2022

Link: https://www.npr.org/2022/03/13/1085707854/how-a-handful-of-metals-could-determine-the-future-of-the-electric-car-industry

Questions for discussion:

  • How has scarcity affected the businesses that mine these minerals for the electric car industry?
  • What sourcing strategies should car companies use, in your opinion?

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