News Snapshot:
The world is in transition with regards to energy sources, especially in the transport sector, where the shift from cars powered by fossil fuels to electric vehicles using batteries and hydrogen fuel cells is gaining pace. Electric vehicle manufacturers from various countries are now competing against China, the world’s largest source of electric vehicle sales and business. At a visit to Ford’s auto plant in Michigan in May, US President Joe Biden admitted that his country is a few steps behind China. Under the governance of President Xi Jinping, China has set a target for EVs to account for 40...