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That’s a false narrative about pricing. Battery manufacturing has a very low ratio of labor to cost. Chinas secret ? Extremely protective tariffs + very selec
by maxdo 2y ago
That’s a false narrative about pricing. Battery manufacturing has a very low ratio of labor to cost.
Chinas secret ? Extremely protective tariffs + very selective smart RND incentives/ investments by government + biggest engineering pool in the world because of outsource to China due to free trade/ no tariffs in US/EU.
It’s a talent pool they built last ~20 years to do outsourcing/offshore policies