Several countries are rapidly developing their burgeoning electric vehicle (EV) industries to meet the growing demand for EVs and compete with China when it comes to manufacturing. Asia has come out on top in recent years for producing the cheapest EVs and batteries, even though some of the highest EV demand in the coming years is expected to come from Europe and North America. With the U.S. looking to decrease its dependency on China for renewable energy products, including EVs, automakers are looking to other Asian countries to develop their…
