Exclusive: GM is gearing up to import electric vehicle batteries from China’s CATL, boldly sidestepping current tariffs as it races to lock in crucial supplies amid skyrocketing demand for EVs, reports The Wall Street Journal
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Tesla, GM, and Rivian may face significant challenges following China’s export ban on critical minerals essential for electric vehicle production. With supply chains disrupted, these automakers could struggle to maintain production levels and meet growing demand.