Mary Barra is in the news as GM faces $6B EV sales hit after tax cuts and standards easing. She’s been CEO since 2014, first woman to lead a Big Three automaker.
The US government has launched Project Vault, a $12 billion strategic reserve of critical minerals funded by a $10 billion loan from the US Export-Import Bank and $1.67 billion in private capital. The initiative aims to reduce reliance on China’s dominance in rare earth minerals, securing vital materials for manufacturing vehicles, electronics, and defense technologies. Over 55 countries are collaborating to diversify supply chains.