I really think we shouldn’t jump to conclusions just yet. It should be expected that when you just lost a large customer (BMW order for 2 Billion) that the finances of your company look bad. But that’s what insolvency is for isn’t it?
Also to touch upon the massive amount of money the EU is potentially on the hook for, without it we would not have ever had the chance of a European Battery Powerhouse. Nothing ventured nothing gained.
Neither does Ukraine. Still decimated the russian navy.
Also to nip this whole “argument” in the bud, and I’m not even going into how terribly colonialistic your proposal is, how many billions of euro would you propose to put into essentially propping up a already dead technology. Fossil fuels have to be eliminated by 2050. Why wage war for something we won’t even need in 25 years.
We WANT to increase fossil fuel prices. To hasten the change to renewables, the higher the potential savings the better.
Lol welcome to Afghanistan. It’s not armies marching in a straight line that will be the problem.
Welcome to the gulf wars.
I think you’re thinking of Cobalt? Lithium mainly is mined in big industrial facilities in Australia and Chile. Not like cobalt wich was in the news for being mined by hand, including with children.
However “new” Lithium Iron Phosphate (LFP) batteries go without cobalt and other rare earth materials (not actually rare btw). Most electric cars use these batteries nowadays including many Teslas.