“It is one of the defining competitions of our age: The countries that can make batteries for electric cars will reap decades of economic and geopolitical advantages.
The only winner so far is China.
Despite billions in Western investment, China is so far ahead — mining rare minerals, training engineers and building huge factories — that the rest of the world may take decades to catch up.
Even by 2030, China will make more than twice as many batteries as every other country combined, according to estimates from Benchmark Minerals, a consulting group.
Here’s how China controls each step of lithium-ion battery production, from getting the raw materials out of the ground to making the cars, and why these advantages are likely to last.”
David Lindsay Jr.
Hamden, CT NYT Comment:
Thank you Agnes Chang and Keith Bradsher for this amazing research and report. Don’t let the bastards get you down, my father liked to admonish his friends and family. My main thought to your critics, who think we are so smart to jump into the future, rather than dominate the present, is that famous engineers, like the famous leader of Intel Andrew Grove, have warned repeatedly, that if we off-shore manufacturing, we also lose the manufacturing engineers, who are the backbone of future engineering devolopment. We also off-shore the future. So Biden and his team are right, that we have to bring manufacturing back to the US, even if the greedy capitalists will have to pay more for labor and environmental protections. How would we ever face off in war against China, if we buy all of our technology and manufactured goods from them?
David blogs at InconvenientNews.net