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A US Startup’s Failure Paved the Way for China’s EV Battery Dominance

• raverbashing 3y ago
  > In 2009, A123 was awarded hundreds of millions of dollars by the Barack Obama administration with the great hope that it would help kick-start production of electric cars in the US. But it was too early. There wasn’t demand for EVs, and car companies making vehicles that use less gas didn’t want to risk relying on an unproven startup. Sounds like chronic lack of vision by the "established companies". Meanwhile in China you don't have people blocking EV charging ports in spite