China takes lead in the global battery race
Exclusive access to the Democratic Republic of Congo's cobalt puts China in the driver's seat on the international battery market.
BY RITZAU FINANS
Chinese battery manufacturer has taken up a leading position on the global market thanks to its exclusive access to the Democratic Republic of Congo's (DRC) large stockpiles of heavy metal cobalt. The material is an important component of lithium batteries, which are used in computers, smartphones and electric cars, reports Wall Street Journal.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Mercedes-Benz to invest EUR 11 billion in electric cars
For subscribers
Ørsted gets Taiwan project approved
For subscribers
