Bloomberg Daybreak: Asia Edition cover image

Bloomberg Daybreak Weekend: Fed, DeSantis, China EVs

Bloomberg Daybreak: Asia Edition

00:00

China's Advantage in the Battery Materials Supply Chain

China really leads the world when it comes to making e-v batteries. The material costs have been coming down a little bit. Lithium costs spiked in 2021 and 2022, but they came down as much as 70% of November's peak this year. China definitely has a huge advantage right now in the battery material supply chains.

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