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Global Electric Vehicle Competition Picks Up

It could take five to ten years for the US to scale rare-earth mineral production to support the EV industry, says Ellen Hughes-Cromwick, visiting fellow at Third Way’s Climate and Energy program. The former Ford chief global economist also weighs in on the role the government should play in EV policy. ——– Like this video?…

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It could take five to ten years for the US to scale rare-earth mineral production to support the EV industry, says Ellen Hughes-Cromwick, visiting fellow at Third Way’s Climate and Energy program. The former Ford chief global economist also weighs in on the role the government should play in EV policy.
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4 Comments

4 Comments

  1. @crisnyendwa1261

    August 18, 2025 at 4:51 pm

    I think about this issue you guys in the USA may just be overanalyzing as opposed to just, starting. Because I believe that with Manufacturing and processing, it is important to start first, and there is no better Time in history to start but now. I simply say so because this can be a chicken-and-egg situation for as long as you just keep overanalyzing. It’s better to start production and utilize AI platforms to optimize production and scalability, including safety.

  2. @koyko4

    August 18, 2025 at 5:01 pm

    Soon USA will be accused of IP theft of Chinese rare earth processes and patents. 😂

  3. @PD55_

    August 18, 2025 at 6:41 pm

    The US was always happy to export its mining pollution, and evade environmental and safety regulations by allowing developing countries to do the dirty work. More profitable for US businesses too. The US will never be the low-cost producer of any of these commodities.

  4. @mikethecargeek

    August 18, 2025 at 8:40 pm

    1:20 Joseph R. Biden invested $150 million in MP Materials and $258 million in Lynas Rare Earths… years before Trump (just sayn)

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Bloomberg Technology

Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…

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Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the explosion and described it as “a very rough day” in a post on X. Bloomberg Intelligence analyst Matt Bloxham joined Caroline Hepker to discuss the implications.
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SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026

Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…

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Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street estimates.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:38 – Benedikt Kammel, Bloomberg News
00:05:05 – Shirin Ghaffary, Bloomberg News
00:07:56 – Silas Brown, Bloomberg News
00:12:05 – David Kennedy, Dell Technologies
00:15:40 – Janet Mui, RBC Brewin Dolphin
00:23:33 – Rebecca Torrence, Bloomberg News
00:26:41 – Matthew Weir, Goldman Sachs
00:33:40 – George Ferguson, Bloomberg Intelligence
00:37:59 – Carolina Parada, Google Deepmind
00:40:40 – Loren Grush, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Anthropic Valuation of $965 Billion Passes OpenAI

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.”
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