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Ex.China Factories Face an Inherent Cost Disadvantage, but There Are Routes to Cost-Competitiveness Energy and labour costs are inherently higher than China, depending on the region [1]
...but there are realistic pathways to cost reduction, through location choice, factory automation, higher yields, and cheaper materials [2]
Example: Europe
Source: [1] CRU Group (Distinguished Partner), [2] IEA (see link for full footnote explanation)
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