"This is why Merc and other car companies will setup battery manufacturing outside of China for all models sold elsewhere around the world. When EV really picks up the batteries in China will be 5 years behind the rest of the world"
But JOSH, it appears that Chinese companies are moving to dominate the out-of-China battery markets as well.
CATL is leading the charge with its recently announced decision to build a battery plant in Germany and its $1.16 Billion dollar deal to supply batteries to BMW.
http://europe.autonews.com/article/...build-ev-battery-plant-in-germany-report-says
It also appears that CATL may have pushed SKI aside as the major provider of batteries to Daimler-Mercedes - certainly in China and perhaps elsewhere - as confirmed in this recent report:
https://www.motor1.com/news/241927/daimler-battery-contract-catl/
SWOT Analysis, page-74
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