RACE TO THE FUTURE
Why a Chinese Company Dominates Electric Car Batteries Beijing gave CATL lavish subsidies, a captive market of buyers and soft regulatory treatment, helping it to control a crucial technology of the future. CATL’s headquarters, shaped like an oversize lithium battery, in Ningde, China.Credit…Qilai Shen for The New York Times By Keith Bradsher and Michael Forsythe Dec. 22, 2021, …