World Bank/PRTM study finds global value chain shift resulting from vehicle electrification could favor China from technology and supply chain perspectives
Green Car Congress
APRIL 20, 2011
This is largely due to China’s strength in batteries and motors. This raw material dominance, along with China’s relative labor cost advantage, has resulted in an emerging extended supply chain in motor technology and production. China’s recently announced plan to invest RMB 100 billion (US$15.3 Integrated Charging Solutions.
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