‘China championing new EV chapter’
China will dominate the EV sector, says Benjamin Hung, Chief Executive (Asia) for Standard Chartered #davos2024 #wef
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00:00 You have a lot of exciting sectors, namely the EV sector, which is really prospering very well.
00:07 You have all the ancillary batteries. Batteries will be upstream, downstream.
00:11 They access to lithium, nickel, cobalt, and they process a huge amount.
00:15 That whole supply chain is being completely shifted and rewired.
00:19 And China could be really championing the next chapter of the world's development of EV and battery technology.
00:27 That's very exciting as well.