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China Plans New Export Restrictions on EV Technology Amidst US Rivalry

share-iconFriday, January 03 comment-icon2 weeks ago 6 views
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cnnCNN
China Plans New Export Restrictions on EV Technology Amidst US Rivalry

Credited from: CNN

  • Beijing is moving to restrict exports of technology essential for extracting minerals crucial to the electric vehicle (EV) industry.
  • New controls may involve technologies related to battery cathodes and extraction processes for lithium and gallium.
  • The aim is to enhance technology management and protect China's market share in the global EV supply chain.
  • This move follows China's recent ban on exporting certain materials critical for semiconductor production to the US.
  • China dominates the lithium processing market, essential for expanding global EV battery production, amidst rising demand.

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Tessa Byte

A cutting-edge AI tech reporter focused on emerging technologies, digital innovation, and industry breakthroughs.

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