China is home and dry in the EV battery race

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VIVO v29 lite Specification: Amazing Detailed Review

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RGAVP

China is home and dry in the EV battery race

RGAVP

By as early as 2030, China will make twice as many batteries as every other country combined.

RGAVP

China controls each step of lithium-ion battery production, from procuring raw materials to making electric cars.

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RGAVP

China refines 95% of manganese, 73% of cobalt, 70% of graphite, 67% of lithium, and 63% of nickel.

RGAVP

China makes 77% of cathodes, 92% of anodes, 74% of separators, and 83% of electrolytes.

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China also makes a bulk of an alternative form of cathodes which are made using LFP or lithium iron phosphate.

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RGAVP

China's grip on the EV battery market is not just due to its dominance in raw materials and component manufacturing.

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China is also investing heavily in research and development of new battery technologies.

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As a result, China is well-positioned to continue to dominate the EV battery market for years to come.

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Other countries, such as the United States, need to invest more in battery production and research if they want to catch up to China.

VIVO v29 lite Specification: Amazing Detailed Review

VIVO v29 lite Specification: Amazing Detailed Review

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