Russian media focus: China's export of electric vehicle technology is under control!
China is strengthening its control over industries of significant strategic importance.
On July 16, Russian newspapers published an article.
Since July 15, China has officially restricted the export of eight key technologies used in the production of electric vehicle batteries.
SPEEDME.RU wrote that any overseas transfer of these solutions—whether through trade or technology agreements—will only be possible with the approval of the Ministry of Commerce of the People's Republic of China.
This move aims to strengthen China's global leadership in electric vehicles and reliable batteries.
The localization strategy advocated by Europe will be particularly severely affected, as the new regulations will make it more difficult for Chinese companies such as CATL and BYD to build factories abroad.
China's ban also blocks the transfer of core new energy vehicle technologies to India, and the Modi government's "Make in India 2.0" plan may fail.
China has made progress in the development of lithium iron phosphate (LFP) batteries, replacing expensive cobalt and nickel batteries.
It has become large-scale, safe, and holds more than 50% of the world market, with almost all products produced domestically in China.
Three LFP technologies and five methods related to lithium mining and processing have been prohibited.
This may disrupt transnational projects, such as Ford's factory in Michigan, which is using CATL's development.
China is strengthening its control over industries of significant strategic importance, and does not want to lose its technological advantage in the global electric vehicle competition.
Original: https://www.toutiao.com/article/1837848146385928/
Statement: The article represents the views of the author.