A global glut of lithium prompted a Chinese battery company to suspend production at a massive mine, triggering a rise in commodity prices and a jump in stock prices of lithium companies.
Ford is investing $5 billion across two factories to build a low-cost universal electric vehicle platform, which will underpin a family of affordable EVs it hopes will match China's costs and features.
Why it matters: The effort includes a complete rethinking of how vehicles are assembled — essentially throwing out the traditional assembly line Henry Ford invented — in order to overcome China's low-cost labor.
Climate initiatives outside of government are springing up in response to Trump 2.0 officials pulling back science and data programs.
Why it matters: The federal government historically does research and produces climate data that's widely used by academics, local governments, companies and others. But outside groups are stepping forward:
Record flooding rains fell in Wisconsin over the weekend, triggering dozens of water rescues, shutting down the Wisconsin State Fair and prompting Milwaukee County officials to declare a state of emergency.
Threat level: The extreme weather that began on Saturday night continued to threaten parts of Wisc. on Sunday evening, with the National Weather Service expecting "repeated rounds of heavy rain" across portions of the Midwest, Central Plains, and Southeast through Monday.
