George Heppel, an analyst at CRU Group said "You have to be able to pass on those costs." "It would be impossible for a battery manufacturer to sign a long-term deal with a customer without some clause to vary their prices based on raw material costs."
So if you outsource battery issues to the battery maker, any increases in prices will be passed on to car manufacturers. Thus you would be at a disadvantage when compared to an automaker who owns the mine.
Weird Letter, page-87
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