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Chinese electric-vehicle companies have invested big bucks over the past decade to establish their global supremacy.
Companies such as CATL and BYD, among others, poured $143 billion into foreign EV and battery ventures between 2014 and 2025, according to data from independent research provider Rhodium Group. With Western trade barriers forcing Chinese companies to rethink their approach to global expansion, in 2024, for the first time, they spent more on building the EV supply chain…
