More than any other country, China finds itself at the epicenter of the lithium-ion battery revolution.
A ready supply of electric vehicle batteries is crucial for the transition to a green automotive future, and Chinese companies have a significant presence in every stage of the EV battery supply chain. From the mining of raw materials such as lithium to the final products of EV battery packs, China’s role in the EV revolution is indispensable. This week, The Wire provides an all-in-one explainer detailing the main players across the global EV battery industry.
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The new U.S. tariffs on Chinese-made EVs are both unprecedented and largely performative since Chinese EVs haven't yet penetrated the U.S. market. The European Union, by contrast, is facing a more critical and nuanced challenge from the influx of Chinese-made EVS and is currently debating what to do about it. Can the E.U. save its auto industry and still keep its green transition going?