Battery recycling represents area where country could develop genuine competitive advantage
A man prepares his Tesla Roadster electric car at he world's biggest electric vehicle rally, the WAVE Trophy, in Zurich, Switzerland. PHOTO: REUTERS
On December 16, the European Union (EU) dropped its plan to ban new combustion-engine cars by 2035, making this EU's biggest policy retreat from its own green agenda.
As German and Italian carmakers struggle to compete with Tesla and BYD, the revised policy has offered European automakers a lifeline to continue focusing on hybrid variants. Manufacturers had warned of billion-dollar penalties had the existing targets remained unchanged.
EV market fragmentation
The global el
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