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‘Arrogance': How U.S. Battery Inventions Supercharged China’s EVs
- The U.S. was instrumental in inventing rechargeable lithium-ion batteries, including nickel-manganese-cobalt (NMC) cathodes and lithium-iron-phosphate (LFP) batteries.
- China capitalized on these U.S. breakthroughs, scaling them while the U.S. lacked foresight, leading to China's dominance in EV batteries.
- The LFP battery, cheaper to produce than NMC batteries, offers better thermal stability and consistent performance, driving the global EV revolution.
- China now leads in installed battery capacity, with U.S. automakers like Tesla and Ford using LFP but lagging behind in innovation and scale.
- Nissan CEO Ivan Espinosa is implementing cost-cutting measures by slashing jobs and factories to revive the struggling company.
- Tesla is pressuring battery maker Panasonic to increase U.S. battery production to qualify for tax credits amidst the Trump administration's tariffs.
- Nissan's upcoming new Leaf, positioned as an efficient SUV with Tesla-style charging port, aims to revamp the automaker's EV strategy and regain market share.
- While U.S. battery manufacturing and EV sales are growing, the article highlights the need for disruptive innovations to stay competitive globally.
- The U.S. risks falling further behind in EV technology and battery production due to lack of long-term planning and strategic investment.
- China's dominance in EV batteries, driven by U.S. innovations, highlights the importance of sustained investment in research and development.
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