China Tightens Grip on EV Tech Exports Amid US Tensions
2025-01-03
AOL
In a move to bolster its tech dominance, China is proposing fresh export curbs on electric vehicle (EV) technology, including mineral extraction methods crucial for the global EV industry. As tensions with the US escalate, Beijing's latest plan is seen as a strategic response to Washington's growing pressure. With the US President-elect's inauguration looming, the tech rivalry between the two nations is set to intensify, impacting the future of the EV sector. Key technologies, such as battery production and renewable energy solutions, are likely to be affected. The export restrictions may hinder the global adoption of eco-friendly vehicles, sparking concerns among industry stakeholders.