New Energy Vehicles (NEVs) in China
- Thread starter supercat
- Start date
@Tyler WOW!!! will these bankrupt LG? And let this be a lesson for BYD and CATL, don't build a factory in the US, it ain't worth the effort and may be the reason of your demised.
BYD and CATL have superior battery technology. Now they can easily displace LG from EV battery industry.
Facts don't care about feelings though
Not the first time we've seen Indians acting entitled without giving anything back. As the saying goes, "SHOW ME THE MONEY!"
The pulling out from India by Ford, Harley-Davidson and GM and Tesla's reluctance to get in India reflect the profound challenges of Modi's Make in India initiative, to say nothing of replacing China.
Even Apple and their subcontractors have issues manufacturing in India.