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In Case you liked this story, sign up regarding Typically the Vital List e-newsletter – a handpicked selection of features, videos and can’t-miss news, delivered in order to your inbox twice a week. Therefore, it will have less reliance on the current industrial chain, Mo says. The particular «biggest difference» between companies in China and other countries is that the former can bring a technology from the lab in order to mass production much faster, Zheng says. But the price regarding lithium started in order to plunge in late 2022 in addition to is at a fraction associated with its peak level today. One reason is that major Chinese battery makers such as CATL and Gotion have expanded their lithium-processing capacity, Zhang says.
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