Navigating the IRA Landscape: Balancing the US Supply Chain and Global Diversification in Battery Storage
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#ac1676e0 ver:0.75
Europe's battery industry struggles to catch up with China and the US as EV sales slow. Bureaucracy hampers access to EU subsidies, while the US offers lucrative incentives. China controls over 80% of the battery market. China's Premier defends green tech investments amid accusations of unfair subsidies. The US and EU investigate security implications of Chinese EV imports. Battery storage faces challenges of raw materials competition, tariffs, and supply chain diversification. Operational agility and collaboration are crucial for the sector's growth. #BatteryIndustry #EVs #China #US #Europe...
#newstr #China #Evs #LithiumBatteries #Us #Europe #BatteryStorage #SupplyChainDiversification
https://here.news/story/ac1676e0?ver=0.75