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Really interested in understanding what in the market acted to create this result.

From NSEnergy:

The report notes that China’s success has come as a result of its large domestic battery demand, 72 gigawatt-hours (GWh), alongside control over 80% of the world’s raw material refining, 77% of the world’s cell capacity and 60% of the world’s component manufacturing.

For a little more detail on manufacturers:

And an underlying theme is that the industry is/was supported as a strategic industry just as were solar panels. All technology developed in U.S., but users want low price.

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