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Foxconn is hoping to have an eventual 45% share of the electric car market
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The number of connectors has also grown to more than 33,600
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The California-based company completed a $300m funding round over the past two years as it quietly worked in stealth
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They have joined forces with a company set up by Tesla’s Co-Founder JB Straubel
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BYD has sold more than 640k EVs this year so far
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It is hoping the facility can produce 300k EVs each year
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By 2026, the automotive industry could account for half of global cobalt demand
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Vale will transport the nickel from Canada to Tesla in the US
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Stations near the borders of the country will be made free to both Tesla and non-Tesla drivers
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More than 20% of new cars sold in 18 European markets were electric
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Herbert Diess has reportedly told the company a delay in shifting to EVs could cost jobs in light of acceleration in production from rivals such as Tesla
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This is while EV sales have jumped up by 30%
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