China has stronghold on the lithium-ion battery supply chain as EV demand soars
China has a stronghold on the lithium-ion battery supply chain, according to a new market report. Along with 72GWh of electricity storage demand, China also retains an estimated 80 per cent of the world’s raw material refining, 77 per cent of cell capacity and 60 per cent of component manufacturing. The study claimed the US … Read more