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China sitting pretty on EV throne

The COVID-19 pandemic has prompted Western electric vehicle manufacturers to re-think their supply chains to reduce reliance on China, and though a move into mining may be a way to address the raw material issue, a lack of battery production capacity means most will remain beholden to Asia for the foreseeable future, Andy Leyland, head of strategic advisory for Benchmark Minerals Intelligence (BMI) said on Wednesday.

China sitting pretty on EV throne China sitting pretty on EV throne China sitting pretty on EV throne China sitting pretty on EV throne China sitting pretty on EV throne

Volkswagen's first mass market electric car, the ID.3, will be released in June after production of the model was halted last month

Speaking on the second day of BMI's online electric vehicle festival, Leyland said there was still "a huge way to go" for OEMs looking to pivot away from China.

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