ICYMI - China electric-vehicle battery industry - new export restrictions ...Middle East

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ICYMI - China electric-vehicle battery industry - new export restrictions

The Wall Street Journal with the report (gated). In summary:

China is strengthening its control over electric vehicle battery technology exports to maintain its competitive advantage over the U.S. and other countries. On Tuesday, China added EV battery production technologies to its export restriction list, including cathode materials production and metal-processing technologies used in battery manufacturing. This move builds on China's existing dominance across the entire EV battery supply chain, from raw material processing to final battery production. The new restrictions require Chinese government approval before these technologies can be exported, giving Beijing oversight over technology transfers by carmakers and battery manufacturers. The restrictions don't constitute outright bans, but they do subject companies to increased scrutiny when attempting to transfer technologies overseas. This article was written by Eamonn Sheridan at www.forexlive.com.

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