FEEM Researcher Simone Tagliapietra Interviewed by CNN on Electric Cars
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Is Europe at risk of seeing its electric car industry moving to China?
Europe is estimated to have just 1% of the worlds’ manufacturing capacity for lithium-ion batteries, those most commonly used in electric vehicles, while China holds about two-thirds.
As FEEM researcher Simone Tagliapietra suggests, ”Europe might well see its carmakers massively moving production to China in the future. And this is a huge risk for the region that is home to companies like Volkswagen, BMW, Mercedes-Benz and Renault.”