The price of lithium batteries is dropping as demand for electric vehicles continues to fall. The price of the commodity is down more than 30 percent in 2023, ending a two-year rally that pushed the price of the key battery material to new heights. In addition, prices for other metals that go into batteries, such as cobalt and nickel, are also sliding. The reversal comes as electric auto makers such as Tesla and Ford cut vehicle prices to attract more customers.
Bestselling author Malcolm Gladwell explores the power of storytelling, the rise of AI and what makes human creativity unique at the World Business Forum.
Ari Hawkins, trade reporter at POLITICO, unpacks Nvidia CEO Jensen Huang's affair with an alleged Chinese spy, the FBI probe and the fallout for the AI giant.