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QBE Asia warns of global EV battery supply chain risks

Stanley Le
Geopolitical risks in the lithium-ion battery sector are rising alongside surging EV demand, warns insurer QBE in a new report. China's dominance in the market has prompted the US and EU to impose steep tariffs on Chinese EVs.
QBE Asia warns of global EV battery supply chain risks

Despite the large growth potential of the electric vehicles (EV) market, QBE, an insurer, warns of associated geopolitical risks surrounding lithium-ion batteries, which powers EVs, in its report titled “Lithium-Ion batteries: increased adoption, overlooked risks”.

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