China Threatens Retaliation Against EU Investigations, Targeting Wine, Dairy, and Aircraft on Nostr: Europe's EV Battery Industry Struggles to Catch Up with China and the US ...

Europe's EV Battery Industry Struggles to Catch Up with China and the US
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#ac1676e0 ver:0.69

Europe's EV battery industry struggles to catch up with China and the US as sales slow and bureaucracy hinders access to subsidies. China controls over 80% of the battery market, while the US offers lucrative incentives. Europe has approved only a fraction of the funding needed to reach its battery manufacturing target. Without substantial support, new entrants face a bleak outlook. #EV #batteryindustry #China #US...

#newstr #ElectricVehicles #EvBatteries #China #Us #Europe #Volkswagen #Stellantis #Mercedesbenz #EuropeanUnion #Subsidies

https://here.news/story/ac1676e0?ver=0.69