Why Carmakers Are Worried About China

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Range anxiety has been a constant concern for EV owners. As car battery capacities increase, so do charging times. Now the world is racing for 10 minute or lower EV battery charging times, with China's Zeekr taking the lead.
Unlike their fossil fuel counterparts that can be refueled almost anywhere on the planet, EV’s and their manufacturers had to address the ominous question of how far could they go on a full charge. As manufacturers like Tesla began delivering 300 miles+ on a single charge, it brought in a different kind of anxiety into the picture: how long would the EV take to charge? While a visit to the gas station only takes minutes, recharging a car battery takes hours.
But now Zeekr has announced their Model 007 can charge from 10-80% charge state in just 10 and a half minutes. Last year, Greater Bay Technology, announced its Phoenix battery for EVs, which it claimed could charge up in just six minutes. Another China-based supplier, CATL is a prominent name in the battery supply chain, and its battery packs power Tesla, BMW, Hyundai, Volvo, and many more brands in the EV space.
The dominance of Chinese tech in the industry cannot be denied, and many Western alternatives are still dependent on Chinese production. Companies like Samsung, Panasonic, and Northvolt are working to compete with them in the market by bringing lithium-ion batteries that can charge in 10 minutes or less. The question then becomes: Can the industry's dependence on Chinese production be reduced? Or will China keep its hold on the market?
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