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China's battery dominance to continue

China is expected to maintain its dominance of the lithium battery supply chain into the future as Western investors continue to hesitate, speakers on a critical battery materials trends panel have told the SME 7th Current Trends in Mining Finance conference in New York.

China's battery dominance to continue China's battery dominance to continue China's battery dominance to continue China's battery dominance to continue China's battery dominance to continue

A Daimler EV battery plant in China

China owns 67% of megafactory battery production capacity, some 200Gwh of capacity, and will stay at this level of dominance through 2028 while total global capacity grows by six times.