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October 4, 2023EU leaders warns that the EU’s increasing dependency on China for lithium-ion batteries and fuel cells, driven by renewable energy goals, poses a major economic security risk and calls for diversification measures to avoid a similar scenario as its past reliance on Russian energy. This issue, discussed during an EU leaders’ meeting in Granada, Spain, reflects concerns about China’s global influence and the need to secure energy resources for Europe’s carbon neutrality objectives by 2050.
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EU risks depending on China for batteries after quitting Russian energy | Reuters