Electric vehicles rely on rechargeable lithium-ion battery packs for energy, allowing the EVs to emit zero carbon at the tailpipe. But while the West has a major position in the global EV industry, with American automaker Tesla being the largest electric vehicle maker in the world, the EV battery game is dominated by Asian players. In fact, the largest seller of batteries for hybrid and electric vehicles is currently a Chinese company called Contemporary Amperex Technology Co. Ltd (CATL).
CATL has pretty much dominated the EV battery market for the past few years, selling more batteries for EVs and hybrids than…
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