China’s export controls may end the era of ‘de-risking from China’ with Chinese technology

Beijing’s battery export controls threaten the West’s push for clean energy independence

Wuxi Lead is the world’s largest producer of battery-making equipment — and its customers include nearly every major electric vehicle and battery manufacturer on the planet.

It supplied machines to the struggling Swedish startup Northvolt, which set out to create a European battery champion to challenge Asia’s dominance in the sector. It also provides eq…