The cost of labor in China is rising and starting to become uncompetitive over the last few years.. and western governments are handing out money left and right to subsidize or tax advantage these domestic operations, including ones started by foreign countries.
Generally speaking, China and the west are looking to economically separate in the near future, so Taiwanese and Chinese companies are moving some of their operations to the west so they can continue selling batteries in that market after that happens.
Generally speaking, China and the west are looking to economically separate in the near future, so Taiwanese and Chinese companies are moving some of their operations to the west so they can continue selling batteries in that market after that happens.