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Electric Cars - It's the Wave of the Future

The auto industry is going all-in on electric cars.

Carmakers, government agencies and investors are pouring money into battery research in a global race to profit from emission-free electric cars. 

As automakers like General MotorsVolkswagen and Ford Motor make bold promises about transitioning to an electrified, emission-free future, one thing is becoming obvious: They will need a lot of batteries.

Demand for this indispensable component already outstrips supply, prompting a global gold rush that has investors, established companies and start-ups racing to develop the technology and build the factories needed to churn out millions of electric cars.

Read the New York Times article

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