Giulia’s pick of the week

It’s been another busy week across the EV supply chain and hydrogen industry. Here are some stories you don’t want to miss:

?? Nikola Corporation, a US-based maker of heavy-duty fuel cell and electric vehicles, has filed for bankruptcy after struggling with raising enough cash to continue its operations.

?? The hydrogen industry is undergoing a major shift, with developers weathering high production costs and changes in demand. Indeed, Fortescue has said it may pause green hydrogen projects in the US and Australia, while Bosch will shut its solid-oxide fuel cells arm to focus on proton-exchange membrane technologies.

?? Meanwhile, the copper market is buoyed by strong demand, with miners boosting production to capitalise on high prices. Anglo American and Codelco have agreed to expand output at two neighbouring mines in Chile, which they estimate will add $5 billion in value.

?? In a busy week for Anglo American, the UK-listed miner has agreed to sell its nickel business to MMG Singapore Resources for $500 million. The group wants to focus on copper, premium iron ore and crop nutrients.

???? In more collaboration news, automakers Renault and Geely are expanding their existing partnership to produce and sell zero- and low-emission vehicles in Brazil, using Renault’s existing factories and dealership network.

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