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News Wire / economy

Europe Seeks Reduced Dependency on Chinese Batteries

NDR Info Berlin 16d Impact 5
European officials are discussing strategies to decrease a dependency exceeding 70 percent on Chinese battery supplies. The discussion highlights risks of economic coercion from state-controlled Chinese companies. Reducing this reliance is viewed as a step toward greater industrial independence. The move aims to mitigate potential supply disruptions from a single dominant provider.

Topics

energy batteries supply chain

Developing

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Sources · 7 independent

NDR Info

“It is not about doing everything ourselves in the future, it is about no longer making ourselves so easily blackmailable.”

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