Bloomberg Daybreak Weekend: Fed, DeSantis, China EVs
Bloomberg Daybreak: US Edition
00:00
China's Advantage in the Battery Market
Joanna Chen, Bloomberg Intelligence Asia Auto Analyst: China has a huge advantage right now in the battery material supply chance. Lithium costs spiked in 2021 and 2022 but came down as much as 70% of November's peak this year. Other countries are trying to build up their supply chains.
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