TOKYO -- Japanese EV battery material suppliers including Mitsubishi Chemical and Tokai Carbon aim to ramp up production overseas as the West is reducing its dependence on China for key materials, Nikkei has learned.
Automobiles
Mitsubishi Chemical to boost EV battery material output overseas
Japanese suppliers, including Tokai Carbon, aim to cut China dependency
Mitsubishi Chemical's EV battery material plant in the U.K. (Photo courtesy of Mitsubishi Chemical)
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