Control of Li-ion battery production intensifies – report
Geographical distribution of Li-ion battery cell manufacturing capacity remains Asia-centric and particularly China-focused. Chinese Li-ion battery producers have been striving to expand their international client base, in addition to meeting domestic needs. China is expected to account for over 58% of global capacity by 2030 while Europe is building its own li-ion battery industry. In Europe, government incentives and emission regulations in the EV sector.
Source: https://www.mining.com/competition-for-controlling-li-ion-battery-production-intensifies-report/
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