Lithium Scarcity Pushes Carmakers Into the Mining Business

Lithium Scarcity Pushes Carmakers Into the Mining Business

“There’s a bit of desperation,” said Amanda Hall, chief executive of Summit Nanotech, a Canadian start-up working on technology to hasten extraction of lithium from saline groundwater. Auto executives, she said, are “trying to get ahead of the problem.” Yet, in their haste, car companies are making deals with small mines that may not live…

New Car Deals: Is Memorial Day a Good Time to Buy a Car?

New Car Deals: Is Memorial Day a Good Time to Buy a Car?

Many companies featured on Money advertise with us. Opinions are our own, but compensation and in-depth research determine where and how companies may appear. Learn more about how we make money. Memorial Day weekend is one of several holidays the auto industry celebrates with sales and special marketing, but does that mean it’s actually a…