17 May 2023 | Abstracted from Business Insider"China's state-supported enterprises (i.e. China Inc.) dominate in every aspect of the development of batteries for electric vehicles, from the mining and refining of raw materials to the manufacture of the batteries themselves.
China has been working to dominate the battery space since at least 2015...a clear goal: to corner the market for key materials like lithium, cobalt, and nickel; invest in their extraction; and [build battery factories]
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