Chinese Economy Watch

[E-195]

Neither Mexico nor India can replicate America's success. This is not because they have low morals, but because of different national conditions, different cultures, different histories and different geography.

The US Department of Energy (DOE) transferred battery technology to a Chinese company in 2017 and 2021, which an NPR and Northwest News Network investigation found violated the DOE's licensing rules. The DOE allowed the technology and jobs to move overseas, and failed to intervene on behalf of US workers.


China has become a dominant player in the lithium battery industry, with a 70–90% share of the global market. China's success is due to:

• Investment: China has invested heavily in sourcing and manufacturing processes.
  
  
  
• Market share: China has the fourth-largest known lithium reserve, and has become the largest exporter of lithium batteries.
  
  
  
• Electric vehicle sales: Strong electric vehicle sales in China have expanded the company's footprint in the battery supply chain.

The U.S. made a breakthrough battery discovery — then gave the technology to China​

AUGUST 3, 20225:00 AM ET
HEARD ON ALL THINGS CONSIDERED
By

Courtney Flatt
,

Laura Sullivan


View: https://www.npr.org/2022/08/03/1114964240/new-battery-technology-china-vanadium