China is positioning itself to command the next big innovation in rechargeable batteries: replacing lithium with sodium, a far cheaper and more abundant material.
China is far ahead of the rest of the world in the development of batteries that use sodium, which are starting to compete with ubiquitous lithium power cells.
The global electric vehicle (EV) market has enjoyed robust growth despite continued supply chain challenges. Supply disruptions during peak periods of the COVID-19 pandemic and Russia s invasion of Ukraine had a short-term effect on the industry because EV sales rebounded from the second half of 2022.
The global electric vehicle (EV) market has enjoyed robust growth despite continued supply chain challenges. Supply disruptions during peak periods of the COVID-19 pandemic and Russia s invasion of Ukraine had a short-term effect on the industry because EV sales rebounded from the second half of 2022.
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.