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by awesome_dude
23 days ago
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I looked it up, and the key thing in favour of companies like BYD over the US companies - isn't (just) cheap labour - it's vertical integration. BYD owns the mines, the batteries, the cars, the USA doesn't have that available, and are having to force other countries to provide their lithium/rare earth deposits to US companies in order to try and become competitive. |
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