IRB Media Summary of Steve LeVine's The Powerhouse

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Please note: This is a companion version & not the original book. Book Preview: #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.