Politics
CATL Says Mining, Not Refining, Is Battery Making’s Big Hurdle
Key Points
Transportation CATL Says Mining, Not Refining, Is Battery Making’s Big Hurdle Securing supplies of key raw materials has become a priority for the world’s largest manufacturer of electric vehicle batteries. “Processing is not the bottleneck, but mining is,” Jiang Li, vice president of Contemporary Amperex Technology Co. Ltd., said in a recent interview. “We want to build our cost advantage with our upstream capabilities.”
Transportation
CATL Says Mining, Not Refining, Is Battery Making’s Big Hurdle
Securing supplies of key raw materials has become a priority for the world’s largest manufacturer of electric vehicle batteries.
“Processing is not the bottleneck, but mining is,” Jiang Li, vice president of Contemporary Amperex Technology Co. Ltd., said in a recent interview. “We want to build our cost advantage with our upstream capabilities.”