US Media: China Tightens Export Controls on Battery and Electric Vehicle Technologies, Dealing a Blow to India's Manufacturing Ambitions.
India's largest corporation, Reliance Industries, dispatched hundreds of executives and engineers to China last year in an attempt to import equipment worth $1.1 billion to a battery factory in Gujarat—a key project for India to build advanced lithium-ion battery production capacity.
However, after China introduced new regulations to strengthen export controls over critical battery manufacturing technologies and equipment, the agreement between Reliance and its Chinese partner faced major obstacles. Despite the equipment having already arrived at the factory, commercial production remains indefinitely delayed due to the inability to obtain further technology licenses.
Original article: toutiao.com/article/1862554473897987/
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