Battery Material Suppliers Report Pricing Pressure in North America
The electric vehicle revolution was supposed to create fortunes for companies that mine and process battery materials. Lithium, nickel, cobalt, and graphite became the new oil, at least in the investor pitch decks and analyst reports that circulated during the EV boom years. But the market has shifted. Prices have dropped. And suppliers across North […]
Major U.S. Auto Supplier Announces Workforce Restructuring
One of the largest auto parts suppliers in the United States is implementing a significant workforce restructuring that will affect thousands of employees across multiple states. The company, which supplies components to all major domestic and foreign automakers, announced plans to cut approximately 3,200 jobs and close two manufacturing facilities by the end of 2026. […]