First Cobalt CEO says cobalt still needed in electric cars

摘要

First Cobalt president and CEOTrent Mell, in a June 5 letter to shareholders,pushed back hard against the notion thatcobalt soon could be eliminated altogetherfrom use in electric vehicles.Panasonic, the sole supplier of lithiumionbatteries to Tesla, said last week it plansto develop batteries that do not use cobalt.