The accelerated implementation of electric vehicles poses challenges for the automotive industry. The President of the European Commission, Ursula von der Leyen, has mentioned the possibility of imposing tariffs on the import of electric cars from China, with the aim of enhancing the competitiveness of European manufacturers.
In Spain, the market share of electric vehicles has doubled in the past year. However, this transition to electric cars presents a paradox: as its implementation speeds up, there is an increasing dependence on China for the production of elements such as rare earths, lithium, and nickel, crucial for battery manufacturing and innovation in this field.
The question arises as to why there is not a prioritization of battery research or efforts to improve and reduce the costs of electrolysis to drive the transition through domestic technology, instead of relying on the importation of foreign batteries and technology.
For more information, refer to the article in El Economista.