Rich Pedroncelli / AP

The world's second largest exporter is gearing up to compete with California's Tesla, by building its own advanced battery plant, Bloomberg reports. The wire quotes Holger Gritzka, a former steel executive who says he is organizing a consortium of 17 Germany companies to collaborate in mass-production of advanced lithium-ion batteries, to power electric vehicles and store sustainably-sourced energy.

Why it matters: The group has already won the favor of the German government, which is supplying subsidies for the project, reflecting that Germany sees mastering the technology as a national priority. China, which already has the lead in lithium-ion battery production, has also made advanced battery production a priority, lavishing government assistance on the industry. The U.S., too, is in the race, continuing to see the dividends of a $2.4 billion federal investment in lithium-ion technology in 2009, when Obama administration economic stimulus legislation seeded the U.S. advanced battery industry from scratch.

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Updated 30 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 10 a.m. ET: 21,243,513 — Total deaths: 766,488— Total recoveries: 13,272,162Map.
  2. U.S.: Total confirmed cases as of 10 a.m ET: 5,314,814 — Total deaths: 168,462 — Total recoveries: 1,796,326 — Total tests: 65,676,624Map.
  3. Health: The coronavirus-connected heart ailment that could lead to sudden death in athletes.
  4. States: New York to reopen gyms, bowling alleys, museums.
  5. Business: How small businesses got stiffed — Unemployment starts moving in the right direction.
  6. Politics: Biden signals fall strategy with new ads.

Kamala Harris and the political rise of America's Indian community

Vice presidential hopeful Sen. Kamala Harris (D-Calif.) Photo: Drew Angerer/Getty Images

When Democrats next week formally nominate the daughter of an Indian immigrant to be vice president, it'll be perhaps the biggest leap yet in the Indian American community's rapid ascent into a powerful political force.

Why it matters: Indian Americans are one of the fastest-growing, wealthiest and most educated demographic groups in the U.S. Politicians work harder every year to woo them. And in Kamala Harris, they'll be represented in a major-party presidential campaign for the first time.

3 hours ago - Health

The cardiac threat coronavirus poses to athletes

Illustration: Annelise Capossela/Axios

Cardiologists are increasingly concerned that coronavirus infections could cause heart complications that lead to sudden cardiac death in athletes.

Why it matters: Even if just a tiny percentage of COVID-19 cases lead to major cardiac conditions, the sheer scope of the pandemic raises the risk for those who regularly conduct the toughest physical activity — including amateurs who might be less aware of the danger.