Not really news though is it? if you manufacture cars for the European market then you will need to produce electric cars. No point in carrying on producing the ICE.
However Green energy and electric vehicle production and the necessary support infrastructure and component supply.
will be a major boost to the post Covid economy and jobs front.
All countries are heavily reliant on Australia and a lesser extent Chile and China for supplies of lithium and other rare minerals.
The USA Europe and Russia are totally dependant on outside supplies.
it may be difficult to maintain a constant supply stream. and at any sort of competitive price.
The whole world will be competing in the new markets at the same time.
There will be winners and losers on a grand scale.
Hydrogen power will almost certainly be viable for larger vehicles and Rail transport
Long range Air transport is more problematic.
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