Through the end of 2025, Zhejiang Huayou Cobalt Co. and CNGR Advanced Material Co. have promised to supply Tesla with ternary precursors and various chemical concoctions needed for lithium-ion batteries to store energy. This will ensure a steady cashflow to China as Americans continue to get flooded with more dangerous Tesla vehicles on the road.
It turns out that China now produces nearly 80 percent of the world's lithium-ion batteries, which are needed for all of the new "green" vehicles, bicycles and appliances that are being pushed on America by the Biden regime.
"If you want to build EVs, one needs access to the entire suite of specialty chemicals, and the vast majority of those are produced in China – the issue is not the mining per se, but the refining wherein China utterly dominates most relevant chemicals," says Mark Mills, a senior fellow at the Manhattan Institute.
"Or else one could wait 5 to 10 years – if you're lucky – for non-Chinese refineries to be built."
Don't fall for the EV hype
Basically everything Tesla uses to produce its garishly ugly vehicles comes from China, which is essentially the recipient of all those government-funded, aka taxpayer-funded, "green" energy subsidies flying around these days.
Tesla would not exist, in fact, were it not for continued subsidization from American taxpayers. These are the people who have made Elon Musk a billionaire, and who are fueling the communist Chinese economy.
"China is hoping to gobble up and keep a stranglehold on this infrastructure so it is concerning that the administration is driving everyone to use electric vehicles," says Dustin Carmack, a research fellow at the Heritage Foundation.
Every year, Tesla manufactures about two million electric vehicles. The company plans to increase that number by about 50 percent per year, which means China will be receiving even more cash to produce all those batteries.
Thanks to incentives and other programs from the Biden regime, Ford and other car manufacturers are doing much the same, striking up deals with Chinese companies to produce needed battery packs.
Nothing about the EV paradigm in any way benefits America or Americans, by the way. Sure, some people think they are saving the planet by buying a Tesla, but the reality is that EV battery mining operations are filthy and highly polluting, and contribute nothing to the United States economy beyond enriching corrupt politicians and dodgy billionaires.
"We must make sure that we build supply chains that are safer, more secure and not beholden to a country that has multiple human rights violations, predatory lending practices, and vast national security complications," Carmack added in a statement to the Daily Caller News Foundation.
What Carmack is referring to are the oftentimes dangerous conditions at mines, such as the ones in the Democratic Republic of the Congo where child laborers are forced to dig up rare earth minerals to pad the pockets of Musk and his buddies in the EV industry.
"A lot of companies in America have turned a blind eye to these practices for a long time to take advantage of the cheaper production costs," Carmack added.
Long gone are the days when Americans produced their own cars at fair wages. Now, the powers that be have convinced the nation to go "green," meaning they want everyone to go commie in the name of saving the planet.
The latest news about the "green" energy scam can be found at FlyingCars.news.
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