Chinese battery companies enjoy significantly higher margins abroad, according to Goldman Sachs. For example, the bank expects around 70% of the earnings of Gotion, to come from exports or overseas production by 2025. The company’s plant in Germany has started production this year and it is building a $2 billion battery factory in Illinois.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.