Putin’s electric dream has a Chinese battery problem
October 12, 2026
Russia’s electric-car and plug-in-hybrid market is booming, partly fuelled by petrol shortages following Ukrainian attacks on Russian oil refineries. President Vladimir Putin now wants the country to develop cutting-edge battery technologies, as state-owned Rosatom opens its second gigafactory. But Russia’s EV ambitions face an uncomfortable reality: much of its electric-car industry still depends on Chinese […]