Battery industry state-owned enterprises

Is China's battery mineral dominance a threat to US EV industry?

China’s battery mineral dominance poses a serious challenge to the United States and to US allies with significant EV and battery manufacturing industries. One such country is South Korea, home to three of the world’s top-10 battery makers62 and one of the top-10 EV manufacturers.63

Why do Chinese companies dominate the global battery mineral sector?

Chinese companies, and by extension the Chinese Communist Party, have an increasingly dominant presence in the global battery mineral sector. This presence extends beyond a leading market position to include growing political and economic ties with governments across the Global South.

Which companies are working on a solid-state battery project?

Reuters reports that the government has selected CATL, Nio-backed WeLion New Energy Technology, BYD, FAW, SAIC, and Geely to work on a government-led project for developing solid-state batteries. While lithium-ion batteries use liquid electrolytes, solid-state batteries consist of solid electrolytes.

Can America compete with China in EV & battery markets?

The United States and its allies have common interests in competing with China but are also competing with one another, something that complicates efforts at cooperation. Nevertheless, cooperation among America and its allies will be necessary to contend with China’s powerful role in EV and battery markets.

Are Chinese companies ready for a solid-state battery?

Solid-state batteries are sensitive to moisture, so their manufacturers need special equipment to keep humidity away from production lines. While government initiatives should accelerate solid-state battery development, Chinese companies aren’t waiting. Battery makers have already started formulating plans for the next-gen technology.

Why is battery production in China so important?

Battery production in China is more integrated than in the United States or Europe, given China’s leading role in upstream stages of the supply chain. China represents nearly 90% of global installed cathode active material manufacturing capacity and over 97% of anode active material manufacturing capacity today.