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
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How Much It Will Take To Challenge China’s Battery Dominance
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 online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
How Much It Will Take To Challenge China’s Battery Dominance