Lithium battery energy storage china ranking

Does China dominate the lithium-ion battery supply chain?

BloombergNEF’s second annual ‘Global Lithium-Ion Battery Supply Chain Ranking’ finds China dominating the ranking, but clearer policy support and increasing battery demand help the U.S. move up the ranking

What is the global lithium-ion battery supply chain ranking?

Now in its fourth edition, the Global Lithium-Ion Battery Supply Chain Ranking considers 46 individual metrics to track the supply chain potential across five equally weighted categories: raw materials, battery manufacturing, downstream demand, ESG considerations, and ‘industry, infrastructure and innovation’.

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.

Is lithium-ion battery manufacturing sustainable?

While not everyone values sustainability when it comes to lithium-ion battery manufacturing, automakers have increasingly high standards for the carbon footprint of battery cells. Most resource-rich countries rank lower in the supply chain ranking as they generally lack a domestic battery supply chain and battery demand.