Archived version
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The country is pushing lithium extraction and refining, active cathode materials and recycling plants, aiming to close the loop and reduce reliance on imported inputs.
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The bet combines competitively priced, low-carbon electricity, public support (subsidies, credit lines and streamlined permitting), European financing and a critical mass of industry that lowers transaction costs across the chain.
The co-location of gigafactories, active material suppliers, R&D centres and recyclers creates network effects and accelerates manufacturing learning curves.
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I like the course the french have taken when it comes to energy. They recycle their nuclear waste despite the high cost. They invest in batteries. In the short term it costs them more but long term they have an independant powersupply. Meanwhile germany will probably be back to suckling russian gas the moment the war ends.