They warn of China’s “brutal reliance” on electric vehicle batteries

Antón Pradera, president of CIE Automotive, has warned of the “brutal dependence” on China for batteries of electric vehicles, underlining their commitment “obvious mistakes” in the energy transition.

The president has reflected on the energy transition and assured that “obvious mistakes” have been made and continue to be made. In addition, he believes that there will be more solutions to the issue of movement as society will be forced to because “the use of oil will be a matter of a few years”.

As far as Europe is concerned, Pradera has indicated that Brussels “always arrive late and badly”. It also creates a “brutal dependency” on China regarding electric vehicle batteries. For this reason, Antón Pradera advocates a commitment from Europe in this activity.

“Beyond Euskadi”

Kutxabank Chairman Antón Arriola shared reflections with Eroski CEO Rosa Carabel and CIE Automotive Chairman Antón Pradera. He takes care of that in them “we need to think about treating young people with better salaries”as he currently calls them “very low and with a very little bit of ramp up”.

“We may have a pending issue with salary levels in the first years of employment,” Ariola stated at a business meeting organized on the occasion of the General Assembly of the Bizkaia employers’ association, Cebek.

Finally, the president of the bank advocates investing through Kutxabank and tackling the growth of the Basque Country. For this reason, it has defended “growing beyond the borders of Euskadi”.

distribution industry

For her part, the CEO of Eroski Rosa Carabel discussed the rise in prices in the distribution sector and asked “don’t demonize the sector” due to the inability to offer cheaper products.

In her speech, the adviser stressed that the phenomenon of such “brutal” price increases began before the war in Ukraine. On the other hand, he has defended the importance Eroski attaches to sustainability. But that also has to be viewed economically.