China’s grip on the global battery market extends to almost every component
![](https://www.wautom.com/wp-content/uploads/2020/09/image-45.png)
China’s grip on the global battery market extends to almost every component
China’s grip on the global battery market extends to almost every component. The U.S. is currently playing catch-up https://t.co/2uacaen7Fe
— Bloomberg (@business) September 20, 2020
Are Batteries the Trade War China’s Already Won?
American and German automakers dominated the 20th century, pioneering and continually improving the internal-combustion engine. Japan and China, which industrialized later, were left to play catch-up. But now Asia—led by China and South Korea—leads the way in developing cheap, powerful technology for the EV era.
https://www.bloomberg.com/news/articles/2020-09-16/are-batteries-the-trade-war-china-s-already-won?utm_content=business&utm_source=twitter&cmpid=socialflow-twitter-business&utm_medium=social&utm_campaign=socialflow-organic