Among the factors that will drive expanded global free trade and a more in-depth global supply chain is capital to sustain the business. Woodward et al. (2020) predict that there will be partnerships and joint ventures in the future as many EV start-ups struggle to maintain their production. The original EVs and ICE vehicle manufacturers are more resourced with capital and established research and development departments (McKinsey & Company

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2017). Most of such ICE companies will have resources they save from low businesses as consumers turn to EVs. As countries and firms seek to get more resources for EV development through joint ventures

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