CNBC: In a future driven by electric vehicles, China is poised to dominate if the U.S. does not transform its automobile industry in coming years.
In just one sign of how far ahead China has progressed in electric vehicle development, out of 142 lithium-ion battery megafactories under construction globally, 107 are set for China, versus nine in the U.S., according to the report “The Commanding Heights of Global Transportation” released last month by Washington, DC-based advocacy group Securing America’s Future Energy (SAFE). (Read More)
