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  1. Sy8
    624 Posts.
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    Good to see.

    ”The new U.S. legislation has
    sparked some concern among auto manufacturers, particularly given that China dominates the global supply of many key raw materials used to make EV batteries.

    South Korea has been particularly affected, with two-thirds of its cathode, anode and electrolyte materials sourced from China. However, several automakers are already reacting to the new requirements with new investment plans.”




    https://oilprice.com/Latest-Energy-News/World-News/South-Korea-Pledges-5-Billion-In-Support-For-Battery-Makers-In-The-US.amp.html
 
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