Toyota Motor North America's announced plans to build a battery plant may require the Japanese automaker to build another assembly plant in the U.S.

Experts warn that failure to obtain adequate supplies of lithium, nickel, manganese or cobalt could slow the shift to electric vehicles.

The former Fiat Chrysler CEO is now dead — his plans of automotive conquest equally so — but the logic that motivated his thinking seven years ago keeps repeating itself over and over.

Marelli's worries could mean supply problems for Nissan and Stellantis, and also reveal the bumpy road that sometimes awaits private equity firms in automotive.