Exactly and CATL backed by CPC intend to be the biggest and control Li supply and price.
They are after $60bn of battery contracts for European VW/AUDI.
The European car makers will be dependent on CATL who will build gigafactory in Europe and will control and secure Li supply for the next 25 year boom in EV revolution if they get AVZ.
They are playing biggest poker game in history and they will win!
Running Commentary on the SP Movements., page-5166
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