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The Electric: China Digs In With Iron-Based Batteries, Wrong-Footing Western Automakers
Feb. 29, 2024, 12:30 p.m. | Steve LeVine
The Information www.theinformation.com
A new, ultracheap battery, a $233,000 electric supercar and a big five-year deal for iron-based batteries all deliver a single, pointed message—a fresh threat to Western auto and battery manufacturers already struggling to compete with their Chinese rivals.
auto batteries battery big china chinese deal electric iron manufacturers message single threat western wrong
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