Published: August 6th, 2024,
Last updated: August 6th, 2024
The downright titanic shift in the car market has a lot to do with batteries, which account for a large part of the added value of electric cars. While Germany is well positioned in the gasoline-powered engine market, China dominates the battery market. This is also due to the fact that they are a globally shippable supplier part and not as integral to car production as the combustion engine.