Summary of Steve LeVine's The Powerhouse

Download or read book Summary of Steve LeVine's The Powerhouse written by Everest Media, and published by Everest Media LLC. This book was released on 2022-03-08T22:59:00Z with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 Jeff Chamberlain, the head of the Argonne Lab, was extremely worried about Wan. He was a Chinese materials scientist and the head of the Department of Energy in Beijing, and he wanted to steal Chamberlain’s team’s breakthrough lithium-ion battery technology and bring it back to China. #2 The Chinese were making huge advancements in electric car technology, and were planning on having a large-scale production of them by 2020. #3 The global financial crisis of 2008 and 2009 had scared Americans, who were determined to create a new economy on a solid foundation rather than on financial, real estate, or dot-com bubbles. Europeans were also fearful of being left behind, and Asia’s export-driven economies wanted in on the action as well. #4 China was dominating the market for lithium-ion batteries, but many countries were trying to catch up.