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It's pretty simple. China strategically took over a huge percentage of the world's manufacturing ability, and access to essential minerals. They are now reapin
by tregtebrevre 3y ago
It's pretty simple.
China strategically took over a huge percentage of the world's manufacturing ability, and access to essential minerals. They are now reaping the rewards of other countries' mandated switch to renewable tech.
- ZeroGravitas 3y agoThe primary selling point of the battery discussed in the story is that it doesn't use certain "essential" minerals.
- tregtebrevre 3y agoThere's still a whole bunch of other stuff, other than nickel and cobalt, that's needed for batteries (and battery controllers). Global production and manufacture of all parts of an EV battery is dominated by China - of course all of the research will happen there.