AD #3552 - Lithium Prices Crashing; CATL Profit Up 557%; UAW Lays Out Contract Goals
About this episode
Sean Fain, new UAW president, outlines aggressive contract goals including restoring cost of living adjustments and ending wage tiers, while targeting EV startups and foreign automakers. Tesla plans to export China-made Model Ys to Canada, with new battery cell production underway at its Texas plant aiming for significant cost reductions. GMC expands the Hummer EV lineup with a new trim offering better towing and range. Audi’s upcoming electric A8 promises cutting-edge design and long range. Lithium prices have plummeted, boosting CATL’s profits dramatically. California surpasses its ambitious EV adoption goal two years early, signaling strong market momentum.
Request an Explanation
Heard something you'd like explained? We'll add it to this episode.
Sign in to request explanations for terms you heard.
Want to learn more?
Browse our glossary for plain-English explanations of automotive terms, jargon, and concepts.
Help improve this episode
See something that's not quite right? Our annotations are AI-generated and can sometimes miss the mark. Click the flag icon on any annotation to suggest a correction.