How Much It Will Take To Challenge China’s Battery Dominance
By CNBC
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The Department of Energy is investing $500 million in U.S. battery companies to challenge China’s dominance. But with $24 billion in projects already canceled since the administration first came into office, industry experts say closing the gap will be difficult. Chapters: 00:00 Introduction 01:07 Chapter 1: China’s dominance 04:05 Chapter 2: Gaps and slowdowns Produced by: Robert Ferris Edited by: Marisa Forziati Animations: Andrea Schmitz, Jason Reginato Senior Managing Producer: Tala Hadavi Additional Footage: Getty Images, Natalie Rice, Lilac Solutions » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new o
Tags: Lilac Solutions, Arcanum Ventures, Coreshell, Nth Cycle, Elevated Ventures, Princeton NuEnergy, Javois, Voya Energy, energy storage, AI data centers, EVs, electric vehicles, China, tariffs, rare earths, lithium, critical minerals, battery technology, ev battery, china battery dominance
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