Re:Europe drastically cut its energy consumption this winter
by roenxi on Friday April 07, 2023 @04:14AM
(#35479413)
EU: <15% of Li-ion batteries.
China: 75% of the same.
Now I know China is well known for their green credentials and the EU have been underinvesting in Green technology by policy... of wait, no it is the opposite of both those things. That is what failed EU industry looks like. The EU has been trying to set themselves up with batteries for a decade now and China is 5x-ing them by just knuckling down and producing stuff without worrying about political correctness.
The fact that the first market you thought of was one where the EU has been drubbed so badly should be a concern to everyone. Except maybe China.
China: 75% of the same.
Now I know China is well known for their green credentials and the EU have been underinvesting in Green technology by policy... of wait, no it is the opposite of both those things. That is what failed EU industry looks like. The EU has been trying to set themselves up with batteries for a decade now and China is 5x-ing them by just knuckling down and producing stuff without worrying about political correctness.
The fact that the first market you thought of was one where the EU has been drubbed so badly should be a concern to everyone. Except maybe China.