[F32Fleet]

So in order to do business and remain within the good graces of Chinese Politburo foreign automakers have to use CATL as their battery supplier.

The WSJ quoted that Daimler executives stopped a technical presentation and said "We're not interested", "The only reason we're here is that we have no choice, so let's just talk about the price"

I wonder if the pressure to have access to the Chinese market is so great that BMW was forced to be the first customer of CATL's first European based factory? If so, it does not bode well for European automakers or upstart Euro battery manufacturers.

WSJ article titled, "The Key to Electric Cars Is Batteries. One Chinese Co Dominates the Industry".

[aerostar]

The Chinese government is ridiculous, but geniuses cause they know everyone wants a piece of the pie.

[WestRace]

"The Key to Electric Cars Is Batteries. One Chinese Do Dominates the Industry"

Read it from another perspective. One Chinese volunteers to put up with all that potential pollution. Aint no joy having a giant battery factory in your back yard ... trust me lols.

The Germans will find out.

[BigHunk]

China make 90% of worlds rare metals, 52% of world production of electric cars, 82% of electric buses etc
Only area where USA surpasses China is oil production.
There is no country which can compete to them, unfortunately.
Trump tried to change something on that plan, he only started global recession( trade war China, Turkey, Russia, EU etc)

This is capitalism which means "free" market, China is on different system, so they don't play by those rules.

Look at their growth on hydroelectricity for example.