CleanTechnica•1 day ago
#1 Battery Maker in World Says USA Can’t Make EVs without China
Key Takeaway
The US's ambition for domestic EV manufacturing faces a critical dependency on Chinese battery supply chains, posing significant challenges for policy makers and industry.
AI Summary
- •China's CATL and BYD are the world's top two EV battery producers, highlighting significant global supply chain dominance.
- •The USA is pursuing policies to block the use of Chinese-made EV batteries in domestic manufacturing.
- •Leading Chinese battery manufacturers assert that the US cannot achieve its EV production goals without their components, indicating critical supply chain dependencies.
- •This situation presents substantial supply chain risks and potential cost volatility for US EV manufacturers and, by extension, large power consumers planning EV fleet transitions or charging infrastructure.
Topics
iraoempolicystorage
Article Content
The world’s largest EV battery producer in the world, by far, is China’s CATL. Second is China’s BYD. The USA wants to block automakers from using Chinese batteries, but these Chinese companies are basically saying — yeah, good luck with that, hahaha. In fact, the general conclusion is that the ... [continued] The post #1 Battery Maker in World Says USA Can’t Make EVs without China appeared first on CleanTechnica .