'Chinese storm' looming over Europe's EV sector, Renault chairman warns


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A "Chinese storm" is looming over Europe's growing electric vehicle sector, Renault Chairman Jean-Dominique Senard said, as Asia's superpower dominates key raw materials to make batteries for zero emission cars. "When I talk about a Chinese storm, I'm talking about the strong pressure today related to Chinese (electric) vehicle imports into Europe," Senard said. 'War of metals'"China — and no one can blame them for that — is putting its hand on mines and especially on the transformation of metals used to build batteries,” Senard said. "The war of the future will be a war of metals." China's export restrictions are escalating a technology war with the U.S., potentially causing more disruption to global supply chains.