...as I said before, EU car makers want to produce their EVs in China to export to EU.
...why does it make sense to produce in China?
1. cheapest to produce there
2. ready and biggest domestic market in the world
3. marquee for higher end market in China
4. supply chain, logistics and skilled auto labour
...would they really as much lithium in the EU?
...Germany wants to buy Australian lithium? Its like Modi saying India wants to be 30% EV by 2030. All Govt talk, but reality is dictated by commercial realities. India's EV is a two wheeler! And commercial realities remain skewed towards China holding the advantage in most respects.
“Mercedes-Benz chief executive, Ola Källenius, has even called for reducing current European tariffs on automobile imports.” Because he wants to use Mercedes-Benz’s own overcapacity in China to manufacture cars for the EU market.
https://x.com/jorge_guajardo/status/1792354094499193260
