"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."
Agnes Chang and Keith Bradsher report for the New York Times May 16, 2023.
Source: NYTimes, 05/17/2023
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