“export value of electric cars, batteries and solar panels grew 42% on-year in the first three quarters of 2023…Domestic sales of those products are even larger than exports, fueled by subsidies for solar installation and EV purchases”
“Part of that focus is what they call the “new three” growth drivers of electric vehicles, batteries and renewable energy, aiding the world’s de-carbonization push and fueling demand for commodities such as copper and lithium.”
“manufacturing focus is driven by a mix of economic, security and social stability objectives”
“every 100 new manufacturing jobs are associated with 27 new non-manufacturing jobs; by contrast, every 100 new service jobs are associated with only 3 additional manufacturing jobs”