American Enterprise Institute on Nostr: nostr:note15d6r8zdllzcnjq2vpjxznxje2cx8rjwqal6v757fdppgwentrelqe3lpyr

quoting note15d6…lpyr

China's Defense Against Over-Capacity Allegations in EVs and Lithium Batteries: US and Europe Respond
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#ac1676e0 ver:0.74

China's defense against over-capacity allegations in EVs and lithium batteries is met with responses from the US and Europe. Europe struggles to catch up with China and the US in the battery industry, facing slow EV sales and bureaucratic hurdles. China controls over 80% of the battery market, while the US and Canada offer substantial subsidies. China's Premier Li Qiang rejects accusations of unfair subsidies and over-capacity, emphasizing China's early investment in green technologies. The US and EU raise security concerns and launch investigations into the Chinese EV industry. The clash between Chinese and European carmakers remains uncertain. #EVs #China #Europe #batteries...

#newstr #China #ElectricVehicles #Evs #Us #Europe #Trade #Security #Investigation #Antisubsidy #Competition

https://here.news/story/ac1676e0?ver=0.74