A lot of those batteries will go into cars manufactured and sold in China. What did I tell ya ant , VW have no EU battery security yet . Who are they going to call ?
Europe, however, is expected to add only one new lithium source by 2025, marginally increasing its share of global supply. With potential for 25 battery gigafactories to be operational across the continent by 2025, Europe looks set to remain dependent on non-domestic raw material supply – even as the European Commission has thrown its weight behind developing the sector and ensuring security of raw material supply
He says this will be the template for future “giga-factories” and Tesla will announce the location of its first European giga-factory by the end of the year.
I suspect lawrence , they have been waiting for the CEZ deal to know how close to get to Cinovec .