LYTEN AIMS TO SUPPLANT CHINESE BATTERY TECH: At a time when the U.S. and other countries are racing to scale up electric vehicle sales and slash transportation-sector emissions, China holds an undisputed advantage in critical minerals and battery production. It controls vast majorities of mineral supply chains and the manufacturing for Nickel Manganese Cobalt (NMC) and Lithium Ion Phosphate (LFP) batteries, the only EV battery offerings on the market today.
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