Europe’s battery dreams die, but China cashes in

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• wewbull@feddit.uk ⁨5⁩ ⁨months⁩ ago

  Still, building a European battery industry was always a long shot at best, since China supplies about 80% of the world’s lithium-ion batteries and is home to six of the world’s largest EV battery makers, the report said.

  Well that’s a defeatist take. We can’t have a European battery manufacturer because China has all the battery manufacturers. That doesn’t mean there isn’t a need for more.

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