
The government of New Zealand unveiled a blueprint Sunday to phase out gasoline cars while it's dairy and beef industry, a key pillar of the economy, must slash cow numbers under the ambitious plan to be carbon neutral by 2050.

Chile has called for lithium to be traded on the London Metals Exchange to provide greater “clarity” about its value, mining minister Baldo Prokurica said. At present, lithium producers negotiate contracts with buyers but the terms of the deals are not made public. Critics say this lack of clarity has a chilling effect on potential new investment in the market since the metal’s value cannot be precisely measured.

Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids.