About China energy storage lithium battery ranking
BloombergNEF (BNEF) has ranked China #1 among the countries of the world most involved in the lithium-ion battery supply chain in 2020, with Japan and South Korea in second and third place respectively.
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6 FAQs about [China energy storage lithium battery ranking]
Will China dominate the global lithium-ion battery supply chain in 2021?
London, October 7, 2021 – China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking in both 2021 and its projection for 2026, thanks to continued investment and strong local and global demand for its lithium-ion batteries.
What percentage of China's energy storage capacity is lithium-ion?
According to the NEA, lithium-ion battery energy storage accounted for 97 per cent of China’s operational energy storage capacity by the end of 2023, with other emerging technologies accounting for the rest.
Can Canada build a sustainable lithium-ion battery supply chain?
London, February 5, 2024 – Canada has overtaken China for the top spot in BloombergNEF’s (BNEF’s) Global Lithium-Ion Battery Supply Chain Ranking, an annual assessment that rates 30 countries on their potential to build a secure, reliable, and sustainable lithium-ion battery supply chain.
Which country is leading the lithium-ion battery supply chain?
The US was in sixth place last year. China has once again been ranked top for involvement in the global lithium-ion battery supply chain by BloombergNEF, but for the first time the US has come in second amid a policy rush to support the domestic industry.
How does BNEF rank the lithium-ion battery supply chain?
In the report, BNEF ranks 30 leading countries across the lithium-ion battery supply chain based on 41 metrics across five key themes: availability and supply of key raw materials; manufacturing of battery cells and components; local demand for electric vehicles and energy storage; and policy and environmental considerations.
Does China have a sustainable lithium-ion supply chain?
While China still has the strongest established supply chain, the increasing importance of sustainability across the lifecycle of lithium-ion batteries means the region must take a more proactive approach to tackle ESG issues to benefit its supply chain in the long term.
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