Rising Demand for Rare Earths Spurs Global Supply Chain Concerns Ahead of G7 Talks
The International Energy Agency (IEA) released a report underscoring the rapidly growing importance of rare earth elements in global technology sectors, including electric vehicles, AI data centers, robotics, and defense. Demand for four key magnet rare earths – neodymium, praseodymium, dysprosium, and terbium – has doubled since 2015 and is projected to grow by more than 30% by 2030. The report highlights concerns about the concentration of rare earth supplies, which poses significant risks to energy security, manufacturing, and technological innovation. These vulnerabilities are driving G7 nations, including France, to explore new mining projects, strategic partnerships, and policy measures to... [Continue Reading]
360LiveNews | 08 Apr 2026 05:48
Electric Vehicle Sales in Australia More Than Double Amid Fuel Shortages and Rising Petrol Prices
The electric vehicle (EV) market in Australia is experiencing a notable upswing as concerns over fuel shortages and escalating petrol prices continue to persist due to the ongoing war with Iran. New car sales data released recently indicates that the share of EVs more than doubled compared to the same month last year, reflecting a significant shift in consumer preferences. This increase has coincided with rising anxiety regarding the availability of fuel, prompting many households to seek alternative transportation options to mitigate their expenses. According to the latest figures, sales of battery electric vehicles in March surged by 23 percent... [Continue Reading]
Chinese EV Manufacturers Report Sales Increase in March Following Government Incentives
Chinese electric vehicle (EV) manufacturers are experiencing a notable increase in sales, as reported for the month of March, following a period of stagnation at the beginning of the year. Local government initiatives, including subsidies and financing incentives, have played a pivotal role in rejuvenating buyer interest and driving a substantial rebound in the market. Following a lackluster performance in January and February, this upswing is seen as a critical boost for the industry. The sales figures reflect month-on-month improvements across various manufacturers, with established names like Geely Auto and Li Auto also reporting significant gains. According to the founder... [Continue Reading]
