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EV Marketin Financial Markets
3 hours ago

NLC India explores lithium sourcing from Africa for EVs, while used EV deals surge in popularity. UK councils are encouraged to support home charging with pavement gullies, reflecting growing EV adoption.

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Financial Markets
NLC India in advanced talks with Russian firm; to source lithium from African mines - check details
PositiveFinancial Markets
NLC India, a government-run company, is close to finalizing a deal with a Russian firm to source lithium from mines in Mali, Africa. This is a big step for India’s push toward clean energy, as lithium is essential for making batteries for electric vehicles—a key part of the country’s green transition.
Editor’s Note: Lithium is like the new oil for the electric vehicle revolution, and India doesn’t want to be left scrambling for supplies. By securing lithium from Africa through this deal, India is trying to reduce its reliance on China and other major suppliers, ensuring it has enough raw materials to fuel its growing EV market. If this works out, it could mean cheaper, more stable battery production down the line—good news for both the environment and consumers.
The Best EV Deals Now Are on the Used Market
PositiveFinancial Markets
If you're eyeing an electric vehicle but balking at the high price tags of new models, the used market might be your sweet spot. Sales of pre-owned EVs just crossed 100,000 in a single quarter—a record—as buyers take advantage of lower prices and dwindling federal incentives for new electric cars.
Editor’s Note: This isn’t just about scoring a cheaper ride—it’s a sign of how the EV market is maturing. With new models still pricey and tax credits drying up, used EVs are becoming a practical gateway for more drivers to go electric. That’s good news for adoption, even if automakers might be sweating sluggish demand for their latest models.
English councils urged to install pavement gullies for home charging of electric cars
PositiveFinancial Markets
English councils are being pushed to install small pavement channels (called gullies) that let homeowners without driveways safely run charging cables to their electric cars parked at the curb. The goal? No more tripping hazards from cables strewn across sidewalks, plus an easier switch to EVs for city dwellers.
Editor’s Note: This is one of those small-but-smart fixes that could make a real difference. If you’ve ever dodged a rogue charging cable on a sidewalk or struggled to charge an EV without a driveway, this scheme tackles both problems. It’s not flashy, but it shows how cities need to adapt infrastructure for the EV transition—especially in cramped urban areas where not everyone has a garage.

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