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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