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Visualizing China's Dominance in Battery Manufacturing (2022-2017P)
U.S. battery manufacturing positioned to grow 10-fold by 2027
China is home to 6 of the top 10 battery manufacturers in the world today. Still, as of 2022, there are 8 new facilities in the Midwestern and Southern United States, with many more in development. This is according to BloombergNEF's recent global lithium-ion battery supply chain ranking. The demand for battery parts and metals is currently dominated by China, but driven by increasing demand for electric vehicles and energy storage, the U.S. is rapidly positioning to grow. Thanks to Visual Capitalist for producing this eye-opening infographic.
Visualizing China's Dominance in Battery Manufacturing (2022-2017P)
Using the data and projections behind BloombergNEF’s lithium-ion supply chain rankings, this infographic visualizes battery manufacturing capacity by country in 2022 and 2027p, highlighting the extent of China’s battery dominance.
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