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As more and more automakers are using the electric car train, we are starting to see a growing demand for automotive grade lithium-ion battery packs. While companies thinking of the future and planning their own production facilities (Tesla) or signing long-term contracts (GM) were apparently isolated by the various battery shortages, finding decent supplies.
That, coupled with the desire to overtake Tesla and the rest of the competition to find the best electric car battery, means that we are seeing billions of dollars invested in research on the electric car battery.
Here's why we're headed for a bubble – and why so much money is invested.
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