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Bloomberg Businessweek Weekend - June 9th, 2023
Bloomberg Businessweek
America's Struggle in EV Battery Production
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This chapter explores America's challenges in leading the electric vehicle (EV) battery market, focusing on the rise and fall of A123. It discusses the consequences of outsourcing and devaluing manufacturing, the irony of China dominating the EV battery market amid geopolitical tensions, and the need for America to develop its own industrial policy and supply chain.
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