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Lithium makers for EV batteries get a dedicated hedge fund

Will Smith, a former partner at Michael Hintze’s investment firm CQS U.K., is starting a hedge fund that will bet on companies whose products and services will benefit from a boom in electric cars.


Ford faces questions from U.S. senators over 'do not drive' warning

Two senators asked the Transportation Department to explain why a "do not drive" directive issued last week by Ford is limited to about 2,900 older pickup trucks and if other vehicles are potentially at risk from defective airbag inflators.

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