I mean where are all the factories making batteries in Europe? It’s not like the US is purposefully preventing battery tech. It’s why all of the government-funded solar companies imploded as well. The manufacturers do not compete
They're in Europe and they produce a lot of batteries. The caveat is that 80% of the investment money came from LG, a South Korean company.
https://www.bruegel.org/analysis/europe-has-solid-basis-batt...
They're in Europe and they produce a lot of batteries. The caveat is that 80% of the investment money came from LG, a South Korean company.
https://www.bruegel.org/analysis/europe-has-solid-basis-batt...