China's EV Invasion In Africa

China's strategic moves to establish EV assembly plants in Africa show its intention to sidestep tariffs from the US and EU while leveraging Africa’s raw material supply and lower labor costs. This approach strengthens China’s role in the local economy, boosts job creation, and ensures easy access to key EV battery components like lithium and cobalt. By producing affordable EVs for global markets, China is expanding its automotive influence, positioning itself as a future leader in the EV sector, and potentially undercutting legacy automakers worldwide.Link to the featured video:https://www.youtube.com/watch?v=dllkJezow54&t=6shttps://www.youtube.com/watch?v=iswkx9vDO3kBuy me a coffee! https://www.paypal.com/paypalme/partsmanagerproGrab a copy of my book:https://partsmanagerpro.gumroad.com/l/qtqax"The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4Please remember to like, share and leave your comments.Videos are uploaded weekly.Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS*This video is for educational and entertainment purposes only.Become a supporter of this podcast: https://www.spreaker.com/podcast/the-motor-files-podcast--4960744/support.