Comments by "billyehh" (@billyehh) on "China NOW Controls the Future of the 21st Century" video.

Yes, China is ahead in battery production world wide. However LG holds the lead in batteries used outside of China and as Cyrus stated the US considers Lithium and rare metal production a national security issue. The Inflation Reduction Act is a trillion dollar subsidy to reshore American Manufacturing after 75 years of offshoring. In Canada, Lithium, Cobalt, Nickel and other rare earth metals are being developed although in early stages. We know that they are there since they were all discovered in the early 1900's, but not commercially viable at the time. As Cyrus said in his commercial, there are lots of opportunities in Canada, so much so that Volkswagen is building a huge battery plant in South Western Ontario. Stelantis and LG are building one as well. The local power plant is being expanded to supply electricity to them as well as the huge number of green houses in Essex County. One big advantage is that almost all materials are available locally and do not have to be shipped. Ford, GM, Chrysler and Toyota are switching there local plants in Ontario to build EV's. This means more production close to the source. One of the problems that China will have with its mine and ship the raw material is that the host country wants more added value. A prime example of this Chile, currently the largest producer of Lithium in the world wants it to be refined there. Nobody should count their chickens before they hatch. It is going to be an interesting decade.
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Ford, Chrysler, GM and Toyota are all retooling their factories in Ontario to produce EV's
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@charlessimbolon7333 All very true. Cobalt Ontario, a small town in Northern Ontario was the largest producer of cobalt in 1900. Its closed mines are being reopened aswell as others and new deposits of strategic metals in the "Ring of Fire" being developed. Locally refined and shipped to South western Ontario to be made into batteries by Volkswagen, LG and Stellantis.
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@charlessimbolon7333 Yes there are other promising technologies. But they are years if not decades away from being commercially viable. Just look at the history of the fusion reactor or the 30+ year research into the Small Reactor Technology which the first prototypes are now being built. I think lithium will be around for quite a while, but not as much will be needed as well as recycling will be improved.
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@david_w.5971 No. The US government stopped all export of masks early in the pandemic. It took the intervention of the Canadian government to reverse this for masks that had been already been ordered. This why Ottawa is subsidizing making of masks domestically as well as other critical materials. It is also the reason why many countries are reshoring manufacturing even though it will be more expensive in the short run
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@pcstar123 75% of Canadian trade is with the US. Do you really want to get out of NAFTA and lose that market. Both fortunately and unfortunately our main lines of trade run north south, not east west.
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@kindface What you say would be ideal. Canada as a small nation needs to be a trading nation since our small population does not have a large enough market for our goods. The US being right next door is the largest consumer market in the world. The percentage was higher, but the federal government has been trying to diverse to some effect. The new NAFTA has made a sort of fortress North America, again with good and bad outcomes. Pierre Trudeau was correct about living with an elephant. Our geography makes this even more evident. Vancouver has more trade with the US Northwest, the Prairies with the Great Plains, Ontario with the Great Lake States and Quebec and the Maritimes with New England. We have other new Free trade deals and hopefully industry will make more use of them. I do think that over the next decade that there will be more decoupling especially with China as their demographic depopulating intensifies and grows old.
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@trekpac2 You are correct. The US hardly makes any cars period, large or small. But the US consumer will not buy the small cars that China tends to produce for their domestic market. They will probably sell in Europe reasonable well. The real problem will be microchips, since an EV especially is a computer on wheels. If China can solve its incapability of producing high end microchips or a solution is found to the dispute over them, then China will be fine. Another problem is the extreme length of China supply chain. They will need someone to help with keeping order on the high seas with the US withdrawing from that responsibility. With China's pending demographic collapse this will be a major challenge. It is difficult to make a prediction since there are so many variables.
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@charlessimbolon7333 Yes there are other promising technologies. But they are years if not decades away from being commercially viable. Just look at the history of the fusion reactor or the 30+ year research into the Small Reactor Technology which the first prototypes are now being built. I think lithium will be around for quite a while, but not as much will be needed as well as recycling will be improved.
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@aungaisum8654 Oh really. Most of the You Tubers I see warn of knockoff Chinese batteries made of used, grade B or other failed cells. There are many good battery and cell manufactures in China as well as a lot of copy cats and charlatans. CAVEAT EMPTOR!!!
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@barkobummer The only war I see is China invading Taiwan.
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