Frith: Past subsidies are not fundamental to China's current battery cost advantage
James Frith · Unpacking China’s cheap battery costs · Oct 10, 2024 · at 36:36
James Frith evaluates the true impact of Chinese industrial subsidies versus operational scaling in battery manufacturing.
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“So the subsidies from the last decade They've helped to build up these big companies that we know, BYD, CATL, Eve Energy, etc. But they're not fundamental in this, you know, in the way that people think they are to the kind of low-cost structure that we're seeing in China today.”
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