Battery production in China Japan and South Korea

Does South Korea rely on China for battery manufacturing?

South Korea, however, is itself highly dependent on China for the manufacture of critical minerals and battery components. The implementation of detailed IRA guidelines is an important milestone in assessing South Korea’s role in the Sino-U.S. competition for supremacy in EVs and batteries. The global battery industry is still in its infancy.

Which country manufactures the most battery cells in the world?

South Korea, China, and Japan currently dominate the global battery market. Four battery cell manufacturers in China, three in South Korea, and three in Japan account for 90% of the world market. When it comes to battery technology and production capacity, the United States and European Union are far behind.

Is South Korea a leader in the battery industry?

South Korea aims for international leadership regarding its battery industry. The countries’ strategy shows a clear R&D focus on commercializing lithium-sulfur (2025), solid-state (2027) and lithium-metal batteries (2028).

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.

Is China's dominance of battery supply chain a threat?

The United States judges that China’s dominance of the battery supply chain and technology are challenges that have already become a serious threat to the U.S. economy and national security.

Which countries are focusing on lithium-ion & solid-state batteries?

The report focuses on lithium-ion, solid-state, and alternative batteries, and the political goals and strategies of Japan, South Korea, China, the U.S. and Europe.