Europe’s automotive industry is missing out on billions due to its dependence on Asian batteries: Deloitte

Car engine bay with a bright orange car battery visible under the open hood, cables and components surrounding it.

Europe's automotive industry is missing out on more than €10 billion worth of profits due to its continued reliance on Asian battery manufacturers, a new report by Deloitte has found. According to Deloitte, Europe is set to produce around 28 million ...

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