Chinese batteries power European electric vehicles

Chinese batteries powering European electric vehicles have become a threat to EU technological sovereignty. However, there is no alternative to Chinese products.

Chinese batteries are present in European electric vehicles as the main component, writes xrust. This feature of the product looks attractive to the Middle Kingdom. After all, the European e-mobility market is starting to catch up with China.

Last year, every fifth European became the owner of an electric car. However, “opening the hood”, the layman saw that regardless of the model — Volkswagen, BMW, Stellantis — there was a Chinese battery located there. Even Volvo does not dispense with this Chinese component.

Note that the batteries are not delivered from China. He has long organized production in Europe. Chinese CATL, SVOLT, Envision work here, and recently EVE Energy has appeared. Investments in battery manufacturers exceeded €14 billion last year. China isn't just building, it's absorbing things related to batteries. It looks worse than Russian gas.

It is very difficult to overcome the Chinese. Indeed, their CATL is worth $140 billion, while the Hungarian battery, which will start operating in 2025, is only 7.6 billion. The power run is similar. It is easier for the Chinese and with raw materials — they have not imposed sanctions on Russia.

In general, what to do with the accumulator offensive of the Chinese, the Europeans do not yet know.

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