Part 7/10:
Benchmark's analysis has unearthed substantial mineral potential in Ukraine, highlighting 18 rare earth element deposits valued upwards of $106 billion. However, the ongoing war has severely hindered mining projects, impeding the timely development of these resources. Consequently, Tesla and other industry players eyeing Ukrainian minerals must brace for a prolonged timeline before experiencing benefits from this untapped wealth.
Against this backdrop, an emerging trend has been identified between China and Europe, wherein Chinese manufacturers export plug-in hybrids to circumvent tariffs aimed at fully electric vehicles (BEVs). This strategic maneuver may alter Tesla's competitive landscape in Europe, but the efficacy of rising competition remains to be seen.