The world’s supply of advanced batteries, critical for electric cars, could be shifting West, say, analysts, as production grinds to a halt in Asia. China’s most recent Covid-19 lockdowns have ‘chipped away’ at the country’s dominance in the battery market, analysts at independent energy researcher Rystad Energy, Susan Zou and Abhishek Murali, explained.
Businesses have been battling with a choked supply since the pandemic began, which has prompted the likes of Tesla and the U.S. and Canadian governments to dish out…The West Is Becoming More Competitive In The Battery Boom
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