China eyes new grip on EV sector with high-performance rare-earth rubber
Reported by 3 outlets in the past day, including South China Morning Post, SCMP, Bloomberg.
1What happened
China’s high-performance rare-earth rubber faces a commercial test as manufacturers seek to expand its use in electric vehicle (EV) and heavy-duty tyres, with market data suggesting it commands a higher price than conventional synthetic rubber. South China Morning Post ↗
2Compared to what
Factory jobs as a share of all jobs: 8.0%. The lowest on record since 1939.
Bureau of Labor Statistics · More in perspective
3Also reported
Rare-earth cis-butadiene rubber grade ND9106 was quoted at 22,500 yuan (US$3,400) per tonne in China during the week from October 26 to November 1, compared with 16,660 yuan per tonne for conventional BR9000 in Shandong province, according to market data... South China Morning Post ↗