China's EV market is about 60% of the global EV market. And no foreign battery competitors have been able to participate in China's local EV market (ie, shadow

China's EV market is about 60% of the global EV market. And no foreign battery competitors have been able to participate in China's local EV market (ie, shadow-ban) since 2015 and all EV OEMs, local or foreign, are required to use locally made batteries by local companies only. China's discriminatory and anticompetitive EV policies are the key reasons for the US IRA in 2022 and the EU's recent antisubsidy tariff against Chinese EV imports. About 40% of Tesla's battery supply comes from those two -- the other 60% from Panasonic and LG. LFP is most widely deployed in China, but that is not why China's "edging out" Tesla -- LFP's market share outside China is not that big. LFP is just a low-end batteries for entry-level, low-range EVs.