There is the Biden administration A climate goal That by 2030 50 percent of all new car sales in the United States will be electric. Meanwhile, China That milestone has already been reached this year, in 2024. Over the past decade, China has pulled numerous levers to scale its electric vehicle industry, and key to that strategy is the development of globally competitive EV batteries. Their efforts have created the world’s largest battery companies such as CATL and BYD
The Biden administration wants to keep Chinese cars and batteries out of the country — but that could run counter to our own electric car ambitions in the short term. This video explains how China was able to develop the most impactful EV battery and whether the US can meet its own climate goals without it.
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