Financial Times : Can anyone challenge China’s EV battery dominance? - Automobility
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05 Sep Financial Times : Can anyone challenge China’s EV battery dominance?

Posted at 22:34h in Media Mentions by

Media Source : Financial Times

Technology breakthroughs and trade barriers will be needed to take on CATL and BYD

Edward White and Christian Davies in Seoul, Ryan McMorrow in Ningde and Harry Dempsey in London

 

Click here to the original article by Financial Times

 

“The rest of the world’s ‘miss’ on batteries is that they prioritised battery chemistry tied to performance, not affordability,” said Bill Russo, founder of consultancy Automobility and Chrysler’s former China head.

“What we’ve discovered in China is that electrification, and the democratisation of the EV, prioritises consumer affordability. By making it cheaper, China wins.”

 

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