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Bavarian state leader Markus Soeder, whose CSU party is part of...

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    Bavarian state leader Markus Soeder, whose CSU party is part of Merkel’s coalition government, said the program should be linked to efforts to tackle climate change and called for incentives for buyers of electric vehicles. “This can’t be a normal cash-for-clunkers program,” Soeder said on the same ARD show.


    The head of the VDIK industry lobby, which represents international carmakers in Germany, said Monday a short-term program to help companies is “unavoidable” as a pickup in the market is not yet in sight. The measures must take effect quickly and support sales of low-emission vehicles, VDIK President Reinhard Zirpel said in an emailed statement.


    https://www.google.com.au/amp/s/www.bloomberg.com/amp/news/articles/2020-05-03/merkel-coalition-signals-no-rush-on-cash-for-clunkers-program




    The economic shutdown has focused much attention on supply chains.


    Take the lithium industry.


    For the past 20 years, China has worked assiduously to make itself a renewable energy powerhouse. It is the world's largest producer, exporter and installer of solar panels and wind turbines.


    It is the largest market for electric vehicles, the biggest manufacturer of electric vehicles and the largest producer and exporter of lithium-ion battery cells.


    And it has secured its access to major lithium reserves globally, particularly in Australia and South America, so its supply of lithium can't be disrupted by competitors. It's the dominant force in the global lithium supply chain.

    This crisis could accelerate efforts to reconfigure supply chains.

    For example, the world's fifth-biggest lithium producer, Livent, says it is now looking to move its supply chains away from China.

    "It's a conversation that's starting to happen that was not happening even six months ago," chief executive Paul Graves told the Financial Times in March.




    https://www.abc.net.au/news/2020-05-03/coronavirus-global-supply-chains-and-essential-services-exposed/12209246
 
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