Here are a few reports about the car battery business:
(1) Chinese batteries are said to be crappy:
https://deutsche-wirtschafts-nachrichten.de/2018/07/27/ende-der-blase-ein-grossteil-der-chinesischen-batterie-hersteller-steht-vor-dem-aus/ [translation required]
(2) So Germans are going to build their own:
https://deutsche-wirtschafts-nachrichten.de/2018/07/27/daimler-baut-weitere-batterie-fabriken-deutschland/ [translation required]
(3) But Elon Musk wants to build a lot of his in China:
So much for making America great again. Oh wait - he's from South Africa. Maybe he's one of those BRICS free traders.
By the way, I'm not going to buy an electric car. In reality most of them are COAL-FIRED, which means their environmental benefits are a mirage.
You can read more about electric car hype here: