China's Unshakable Dominance in the Global Electric Vehicle Battery Industry
KONTAN.CO.ID - JAKARTA - China's dominance in the global battery and electric vehicle industry is becoming increasingly strong. In the competition for the development of batteries for electric vehicles (EVs), China emerges as the clear winner.
Daimler Chairman, Martin Daum, expressed concerns about China's dominance in the EV battery industry. "Chinese companies have already mastered the patents, initial products, and raw materials," he said, as reported by Reuters on Thursday (May 18).
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