Part 4/8:
In the backdrop, tensions escalate between the US and China surrounding export restrictions on critical battery components like lithium and gallium. The Chinese government's recent announcements regarding these restrictions signal a strategic maneuver to retain its hold over global battery technology, amidst ongoing trade disputes. Automakers and suppliers, including Panasonic, are increasingly aiming to reduce their reliance on Chinese resources to stabilize their supply chains, revealing a potential shift in the automotive landscape.