Meno di un minuto

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.”