52
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Oct 2024
52 points (91.9% liked)
Europe
1369 readers
298 users here now
News and information from Europe ๐ช๐บ
(Current banner: La Mancha, Spain. Feel free to post submissions for banner images.)
Rules (2024-08-30)
- This is an English-language community. Comments should be in English. Posts can link to non-English news sources when providing a full-text translation in the post description. Automated translations are fine, as long as they don't overly distort the content.
- No links to misinformation or commercial advertising. When you post outdated/historic articles, add the year of publication to the post title. Infographics must include a source and a year of creation; if possible, also provide a link to the source.
- Be kind to each other, and argue in good faith. Don't post direct insults nor disrespectful and condescending comments. Don't troll nor incite hatred. Don't look for novel argumentation strategies at Wikipedia's List of fallacies.
- No bigotry, sexism, racism, antisemitism, dehumanization of minorities, or glorification of National Socialism.
- Be the signal, not the noise: Strive to post insightful comments. Add "/s" when you're being sarcastic (and don't use it to break rule no. 3).
- If you link to paywalled information, please provide also a link to a freely available archived version. Alternatively, try to find a different source.
- Light-hearted content, memes, and posts about your European everyday belong in !yurop@lemm.ee. (They're cool, you should subscribe there too!)
- Don't evade bans. If we notice ban evasion, that will result in a permanent ban for all the accounts we can associate with you.
- No posts linking to speculative reporting about ongoing events with unclear backgrounds. Please wait at least 12 hours. (E.g., do not post breathless reporting on an ongoing terror attack.)
(This list may get expanded when necessary.)
We will use some leeway to decide whether to remove a comment.
If need be, there are also bans: 3 days for lighter offenses, 14 days for bigger offenses, and permanent bans for people who don't show any willingness to participate productively. If we think the ban reason is obvious, we may not specifically write to you.
If you want to protest a removal or ban, feel free to write privately to the mods: @federalreverse@feddit.org, @poVoq@slrpnk.net, or @anzo@programming.dev.
founded 3 months ago
MODERATORS
These morons never look beyond the next quarterly results. Even if the EU still allows ICE cars, they won't be competitive on the world market. That means that the EU has its little island, where the incumbents still get to pollute the world and fleece their customers but the rest of the world market (except the US) will belong to China.
With Northvolt purportedly(!) demonstrating that even EU battery production can apparently be thwarted by a Chinese tooling company sabotaging, there's probably some reason to panic.
I suspect though that the only way for EU-based car companies to find out how to refine battery materials and to produce battery cells, at scale, is to lure Chinese companies to the EU and learn from them for the next couple years. They should know that strategy very well โ it's exactly the way their Chinese JVs worked out.
Of course there's reason to panic. Every independent expert has been shouting from the rooftops for the last decade at least, that the EU are falling behind in battery technology. But politics and industry have been in denial and are completely incapable of long term planning. So now they wake up and start panicking.
Is there a source for that?
There is, but it's a Swedish politics blog and even they threw in that they couldn't check the claims. So not exactly a good source. See this thread: https://lemmy.world/comment/12445221
Nothing direct that I can find:
https://thedeepdive.ca/did-china-sabotage-northvolt-unraveling-the-crisis-behind-swedens-battery-giant/
If I'm not mistaken, BYD is already building factories in the EU. Probably assembly and not battery though.