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New London cabs must be zero-emissions capable. (Kirsty Wigglesworth / AP)

An aluminum plant closed three years ago is reopening to service the manufacture of electric London black cabs, reflecting a nascent revival of industry in reaction to a new requirement that all new taxis in the British capital be capable of zero-emissions driving as of this coming January, per Reuters. The new law requires either hybrid or electric cabs.

Why it matters: The move is not yet a story of gigantic reemployment — the move will create just 130 jobs at a Sapa plant in the Welsh town of Bedwas. But the London Electric Vehicle Company, which is owned by China's Geely and makes the cabs, plans to manufacture about 10,000 of them for sale in the U.K. and abroad, another data point in an early electric car trend.

  • It is good news on top of a revival in metals prices.
  • In 2014, aluminum prices crashed because of a surplus, and plants closed across the U.K. and elsewhere.
  • But aluminum prices are up 24% this year because of a rise in Chinese demand, and a cut in supply.

Go deeper

Updated 7 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.

Technical glitch in Facebook's ad tools creates political firestorm

Facebook CEO Mark Zuckerberg. Photo: SOPA Images / Contributor

Facebook said late Thursday that a mix of "technical problems" and confusion among advertisers around its new political ad ban rules caused issues affecting ad campaigns of both parties.

Why it matters: A report out Thursday morning suggested the ad tools were causing campaign ads, even those that adhered to Facebook's new rules, to be paused. Very quickly, political campaigners began asserting the tech giant was enforcing policies in a way that was biased against their campaigns.

8 hours ago - Health

States beg for Warp Speed billions

A COVID-19 drive-thru testing center yesterday at Hard Rock Stadium in Miami Gardens. Photo: David Santiago/Miami Herald via AP

Operation Warp Speed has an Achilles' heel: States need billions to distribute vaccines — and many say they don't have the cash.

Why it matters: The first emergency use authorization could come as soon as next month, but vaccines require funding for workers, shipping and handling, and for reserving spaces for vaccination sites.