WEBINAR: EV sector will shorten supply chain, reduce China dependence - panel

By IM Staff
Published: Monday, 29 June 2020

Covid-19 has exposed the overdependence and vulnerability in the electric vehicle (EV) supply chain, which supports the development of other regional battery production hubs in the coming years, panellists said in a Fastmarkets webinar last week.

"There is growing nationalism and regionalism [and] coronavirus has been a wake-up call for how dependent industries are on China," Emily Hersh, managing partner of DCDB Group said during the event.

The production of battery cells and precursor materials is highly concentrated in China, Japan and Korea, meaning automakers are...

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