illustration by Lau Ka-kuen
Electric vehicles: why the West needs China’s battery prowess as it moves to build supply-chain capacity
- The process of deglobalisation for Western battery producers is likely to be lengthy and turbulent, with challenges at each stage of the supply chain, says analyst
- It will be interesting to see how Chinese players and global carmakers balance need for supply-chain security with geopolitical risks, says Fitch executive
illustration by Lau Ka-kuen