| ▲ | triceratops 2 days ago | |||||||
Chinese companies also supply 15-20% of the world's fuel tanks for cars and more for heavy vehicles: https://en.wikipedia.org/wiki/YAPP_Automotive_Systems. Funny how that's not a problem. Batteries. Are. Not. Oil. They are oil tanks. | ||||||||
| ▲ | leonidasrup a day ago | parent [-] | |||||||
"However, more than 90% of battery storage applications rely on LFP batteries that are almost exclusively supplied from China, which accounts for almost all global manufacturing capacity and the associated technical expertise. Korean producers are investing to scale up LFP battery production that can offer an alternative, but they face intense competition from established, lower-cost Chinese producers in an oversupplied market." https://www.iea.org/commentaries/global-battery-markets-are-... | ||||||||
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