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
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