Tesla aims to pave the way for Chinese battery makers to come to the United States


Source: autobala.com autobala.com

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[Tesla, Inc.](//www.tesla.com/) We want to move to cheaper batteries for electric vehicles, but first we need to understand how to overcome political tensions and get our Chinese partners to manufacture iron-based batteries near our U.S. factories. I have. The world’s two largest economies have yet to resolve disputes over tariffs, intellectual property rights, and China’s invasion of Taiwan’s air defense identification zone. And China’s radical regulatory crackdown, primarily targeting the technology sector, could pose yet another hurdle. China dominates the production of iron-based batteries thanks to a series of major patents, which allowed China to account for 95% of the...