Tesla and Panasonic Lose a Costly Battle Over Battery Sourcing
‘What this is fundamentally doing is leveling the playing field,’ the CEO of one graphite producer said of the US hiking tariffs on Chinese imports to 160%.
Graphite powder used in lithium-ion batteries.
Photographer: Greg Baker/AFP/Getty Images
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EV makers and battery producers received an unpleasant tariff surprise last week when the US Commerce Department announced it will impose a 93.5% levy on Chinese graphite.