Europe is ready to spend billions on batteries to catch up with China
(WorldNews China)

One in every 20 European workers is in the automotive industry. The EU is worried that if it doesn’t catch up on battery technology, those jobs are at risk. `We know very clearly that the future is electric,` Maros Sefcovic, energy vice president of the European Commission, told the Financial Times (paywall). `You cannot develop new models or high-quality cars if you do not master the skills, innovation, and research link with batteries.` That worry is not unfounded. Based on planned and existing...