General Motors (NYSE:GM) will impose a $1.6 billion levy as it reshuffles electric vehicle (EV) production as the federal government rolls back clean energy incentives and emissions standards. In one regulatory filing on Tuesday (Oct. 14), GM said the charges include a $1.2 billion non-cash impairment charge due to EV capacity adjustments, in addition to […]
Rare earth element (REE) recycling is evolving from niche curiosity to strategic necessity as the clean energy transition increasingly drives demand for permanent magnets. Currently, less than 1 percent of rare earth metals are recycled, while the demand for magnets is expected to triple by 2035. This gap could leave the West facing a supply […]