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Shifting Supply Chains for Batteries and Solar
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China's Technology Exchange Is Changing the Face of the Global Battery Industry
There is a fear on the part of chinese manufacturers as a result of these policies they might lose global market share and what we're seeing is those companies reacting pretty decisively for example i mentioned with the ira there are various provisions that are put in place that favor battery components. The EU isn't as joined up in terms of having the same kind of manufacturing incentives that the us has it's got a patchwork of sort of government sort of member state subsidy programs but generally speaking it's less coordinated however we are seeing several policies come in place that could be quite decisive one of them is the launch in the coming years of what's referred to as a battery passport.
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