Exclusive: VW moves to secure cobalt supplies in shift to electric cars

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Exclusive: VW moves to secure cobalt supplies in shift to electric cars
Germany's Volkswagen is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars. Cobalt industry sources told Reuters that VW, the world's largest automaker, has asked producers to submit proposals on supplying the material for up to 10 years from 2019.
 
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