News Analysis
For more than a decade, communist China has been working to corner the world’s battery industry, viewing the sector as key for advancing its strategic aims at a time when demand for electricity generation and storage is on the rise globally.
Experts have criticized the Chinese regime’s aggressive non-market activities—including state subsidies, forced tech transfers from foreign companies operating in China, and predatory pricing—as a major concern for the rest of the world.
Batteries of greater efficiency and longevity are becoming increasingly essential in everyday consumer items and electric vehicles. They’re also playing a greater role in storing electricity produced by solar and wind power, as well as for industrial and military equipment, such as drones….
China Uses Parasitic Export Model to Dominate Global Battery Market: Experts
