Why expensive power could soon accelerate, rather than retard, the US EV adoption divide
Thus far US BEV adoption has largely been strongest in areas that have higher residential power prices. What if that became a feature, not a bug?
Long-dominant in its home market of China, Catl is rapidly catching LGES in in the rest of the world thanks to market-leading technology and manufacturing expertise
South Korea's LG Energy Solution (LGES) is betting the US Inflation Reduction Act (IRA) will help it to catch up with China’s Catl, the world’s biggest maker of EV batteries.
Instead, it is getting dangerously close to losing its lead outside China as Catl and domestic rival BYD make in-roads in international markets.
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