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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

Flow Engineering Raises $50M to Bring AI to Hardware

As AI is moving beyond software and deeper into the physical world, Flow Engineering just raised $50 million at a $750 million valuation to help companies use AI agents to design and build hardware. Flow Engineering founder and CEO Pari Singh and Roelof Botha, Flow investor and board member – formerly at Sequoia Capital –…

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As AI is moving beyond software and deeper into the physical world, Flow Engineering just raised $50 million at a $750 million valuation to help companies use AI agents to design and build hardware. Flow Engineering founder and CEO Pari Singh and Roelof Botha, Flow investor and board member – formerly at Sequoia Capital – join Ed Ludlow to discuss how faster hardware development could support a broader revival of US manufacturing. They speak on “Bloomberg Tech.”
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OpenAI’s $30B Bet, Trump’s AI Safety Shift and Apple’s Next Act

Bloomberg’s Ed Ludlow breaks down OpenAI’s plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope…

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Bloomberg’s Ed Ludlow breaks down OpenAI’s plan to raise at least $30 billion from investors in a new round of funding after pushing back its plans for an IPO. Plus, President Trump supports using outside auditors to assess the safety of AI systems after meeting with Silicon Valley leaders; and Apple keeps pushing the envelope under new CEO John Ternus with plans to make its foray into the smart-home market.

00:00:00 – Bloomberg Tech Begins
00:01:06 – Seth Fiegerman, Bloomberg News
00:04:59 – Michael Shepard, Bloomberg News
00:08:57 – Michael Intrator, CoreWeave CEO
00:17:33 – Dino Mavrookas, Saronic CEO
00:26:21 – Beth Kindig, I/O Fund
00:29:03 – Pari Singh, Flow Engineering & Roelof Botha, Flow Investor
00:40:20 – Dana Woolman, 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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Saronic CEO: ‘Speed Is Everything’ in Shipbuilding

Saronic is breaking ground on what it says will be the largest and most advanced shipyard in America. Saronic co-founder and CEO Dino Mavrookas joins Ed Ludlow to discuss how its Port Alpha in Brownsville, Texas, is at the center of the defense tech company’s push to rapidly scale production of autonomous ships. He speaks…

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Saronic is breaking ground on what it says will be the largest and most advanced shipyard in America. Saronic co-founder and CEO Dino Mavrookas joins Ed Ludlow to discuss how its Port Alpha in Brownsville, Texas, is at the center of the defense tech company’s push to rapidly scale production of autonomous ships. He speaks on “Bloomberg Tech.”
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