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Why CHINA is DOMINATING the electric car market

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No Lugar Certo

Published on Oct 4, 2024

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Why is China dominating the electric vehicle market? In this video, we explore how China has become a global leader in the production and development of batteries for electric vehicles (EVs) and how this technological advancement is impacting the automotive industry worldwide. You’ll learn why more than half of global EV sales are in China, the importance of government support, and how the country has built an unrivaled supply chain for battery production. We also discuss trade tensions between China and the United States, the challenges for American automakers, and how the future of EVs is shaping the global economy. Watch to learn more about innovations in lithium iron phosphate (LFP) batteries, the strategy of CATL and BYD, and the implications for the EV industry in the US and Europe. / @luhras

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