BEIJING -- China announced on Friday that it will require export permits for graphite, a key material for electric vehicle (EV) batteries, starting Dec. 1. The country is the world's top graphite producer, and the move could spur procurement difficulties for global EV makers.
Trade
China to curb exports of key EV battery material from Dec. 1
Western electric vehicle makers rush to secure graphite supplies
Electric vehicles are assembled on the production line at Leapmotor's factory in Jinhua, Zhejiang province, China, on April 26. (China Daily via Reuters)
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