Staggering '760k jobs at risk' if UK fails to keep up with China on critical minerals
Daily Express - World·2024-04-26 11:01
Automotive manufacturing jobs in Britain are at risk unless China's ambition in securing access to critical minerals needed for batteries can be matched, an expert has said. The warning comes as an International Energy Agency report revealed the world's second largest economy has cornered the market with 85 percent of battery cell production capacity. Increased sales of electric vehicles are driving up demand for batteries, particularly in the US and Europe last year, according to the IEA.
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