The Wall Street Journal with the report (gated). In summary:
- China is strengthening its control over electric vehicle battery technology exports to maintain its competitive advantage over the U.S. and other countries.
- On Tuesday, China added EV battery production technologies to its export restriction list, including cathode materials production and metal-processing technologies used in battery manufacturing.
- This move builds on China’s existing dominance across the entire EV battery supply chain, from raw material processing to final battery production.
- The new restrictions require Chinese government approval before these technologies can be exported, giving Beijing oversight over technology transfers by carmakers and battery manufacturers.
- The restrictions don’t constitute outright bans, but they do subject companies to increased scrutiny when attempting to transfer technologies overseas.
This article was written by Eamonn Sheridan at www.forexlive.com.
