In view of Europe's ** sanctions against China and onElectric vehicle batteriesChainThe United States seems to have thwarted the construction plan. The U.S. Inflation Reduction Act has reportedly attracted plans from manufacturers to move their operations to the U.S. That's because the bill provides $369 billion in clean energy subsidies, far more than those provided by the European Union and the United Kingdom. A former Tesla engineer revealed that his company plans to focus on investment and factory construction in the United States. This means that Europe is inElectric vehicle batteriesChaincan be a huge delay. Europe has been preying on China, ignoring that its real threat comes from the United States.
However, even without the obstruction of the United States, Europe has to achieve its ownElectric vehicle batteriesChainThere will also be many challenges. First of all, securing raw materials is an important problem. China has a large market share in all aspects of telecommunications production, even in EuropeBatteryManufacturers also have to import many core materials from China. It is the only local area in Europe that has started mass productionPower batteryProducersnorthvoltofBatteryIt also relies on some of the core materials of Chinese top merchants. Europe is increasing cooperation with the United States, Canada, Australia and other countries in raw materials, but the establishment of new onesChainIt takes a huge time and capital cost.
Secondly, Europe is inLithium batteryThere are deficiencies in the supporting capacity of the equipment. Lithium batteryThe production process of the pool is quite complex and involves the manufacture of pole piecesCellsMaturity, testing and other stages. Europe's capabilities in these areas are limited, and orders for related manufacturing equipment are also converging to Asian companies, suggesting that Asia is thereLithium batteryThere are obvious advantages in terms of equipment manufacturing. For example, Volkswagen plans to build new ones in EuropeBatteryfactory, but eventually awarded the main equipment order to ChinaLithium batteryEquipment vendors. This shows the reality of Europe's dependence on China for equipment.
Overall, the "nest fight" between the United States and Europe shows that while they are ostensibly close allies, they actually pursue their own interests. The United States has protected its own industries through policies such as the Inflation Reduction Act, while Europe has tried to build on its ownElectric vehicle batteriesChain, but faced multiple difficulties. This reminds us in the age of globalizationInternationalCooperation is important, but all countries must remain sober and stick to their core interests. Only by cooperating on a fair and reasonable basis can we achieve a mutually beneficial and win-win situation.
In the future, Europe is inElectric vehicle batteriesChainIn the construction, we need to pay more attention to our own technological innovation and the improvement of core competitiveness. In terms of securing raw materials, Europe can strengthen cooperation with other countries and seek diversified channels. InLithium batteryIn terms of equipment supporting capacity, Europe can increase investment and technology research and development efforts to improve its own manufacturing capacity. At the same time, Europe should also strengthen cooperation with China and learn from China's presenceElectric vehicle batteriesChainExperience and technology in construction. Through multi-party cooperation, Europe is expected to achieve its ownElectric vehicle batteriesChainto enhance its competitiveness in the global market.
Finally, for the world, cooperation and competition coexist. In building globalChainAll countries should abandon protectionism and unilateralism and uphold the principles of openness, cooperation and win-win results to achieve global developmentEconomyprosperity and sustainable development. Only through equal and mutually beneficial cooperation can the best interests of all parties be realized, and we can jointly address global challenges and create a better future together.