As Tesla announces a new Megapack battery factory in Shanghai, the question arises about which country or region will dominate electric vehicle (EV) production in the coming decades. Tesla also recently announced a major factory in Mexico, and other EV firms have been looking to diversify their manufacturing locations, finally signaling greater competition in a market overwhelmingly dominated by China.
China has gradually been rising as an EV giant over the last decade, supporting government efforts to lead the green energy revolution.…Who Can Challenge China’s EV Dominance?
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