China Sets Its Sights On Global EV Dominance
Rising global electric vehicle market
By Oilprice.com -- Tsvetana Paraskova—— Bio and Archives--November 2, 2020
Global Warming-Energy-Environment | Comments | Back To Full Article
The world's largest automotive market, China, is looking to become a dominant player in the rising global electric vehicle market. Chinese EV manufacturers are expected to start expanding overseas, while Beijing already controls a large part of the global EV supply chain, beginning with critical minerals processing.
The United States has started to realize that China could dominate the future of transportation—electric transportation—if it does not counter the current Chinese influence over critical parts of the EV supply chain, from battery metals sourcing and processing to battery manufacturing.
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