Top 10 countries across the lithium-ion battery supply chain
China remains top of the global lithium-ion battery supply chain ranking for three consecutive years, and will continue to dominate the supply chain through 2027, said the BloombergNEF, a research provider covering the global commodity market, on Nov 12.
According to BloombergNEF, China currently hosts 75 percent of all battery cell manufacturing capacity and 90 percent of anode and electrolyte production. The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally.
The ranking is based on five key themes including availability and supply of key raw materials; manufacturing of battery cells and components; local demand for electric vehicles and energy storage; infrastructure, innovation, and industry as well as environment, social and governance considerations, to list 30 leading countries across the lithium-ion battery supply chain.
Now, let's take a look at the top 10 countries at the ranking.
