China’s buildup continues to this day. Just a few weeks ago, Contemporary Amperex Technology, China’s largest battery manufacturer, said it would invest up to $4.96 billion on a plant to recycle used E.V. batteries. That was on top of the company’s $297 million acquisition of Canada’s Millennial Lithium Corp., which was announced in September. Can the United States hope to ever catch up? In recent months, General Motors, Stellantis and Toyota have each announced plans to build massive battery factories in North America. Ford said it and its South Korean…
America Isn’t Ready for the Electric-Vehicle Revolution
