The West Is Becoming More Competitive In The Battery Boom ...Middle East

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The West Is Becoming More Competitive In The Battery Boom
source : OILPRICE ( Middle East ) () 26
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…

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