dChan
Anonymous ID: 31bba3 June 18, 2022, 8:21 a.m. No.16467179   🗄️.is 🔗kun

>>16466734

With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year

 

Due to its main competitor BYD Company prioritizing battery supply to its own vehicles, CATL was able to capture partnerships with foreign automakers.[8] CATL's battery technology is currently used by electric vehicle manufacturers in the international market, and CATL collaborates with companies including BMW,[17] Daimler AG, Hyundai,[18] Honda,[19] Li Auto, NIO, PSA,[20] Tesla, Toyota, Volkswagen, Volvo and XPeng.[4][15] In China, its clients include BAIC Motor, Geely, GAC Group, Yutong Bus, Zhongtong Bus, Xiamen King Long, SAIC Motor and Foton Motor.

 

Tesla uses CATL batteries … I find it very hard to believe that Hunter owns 10% of CATL …

Anonymous ID: 31bba3 June 18, 2022, 8:25 a.m. No.16467203   🗄️.is 🔗kun

>>16466734

>Guess where there is a gold mine of lithium? You guessed it … Afghanistan!

biggest reserves are is South America and Australia

 

How The U.S. Is Losing The Lithium Industry To China

 

just as the U.S. eventually ceded its petroleum security to foreign countries, it is in the process of doing the same with lithium. According to the 2021 BP Statistical Review, China has 7.9% of the world’s lithium reserves. The U.S. has 4.0%. (The majority of global lithium reserves are in South America and Australia). Nevertheless, China has become the 3rd largest lithium producer in the world, outproducing the U.S. in 2020 by more than a factor of 15.

 

This dominance didn’t happen by accident. Over the past decade, China has spent over $60 billion to build its lithium industry. U.S. investments have lagged significantly behind, which has enabled China to build a robust lithium supply chain.

 

It goes well beyond access to lithium supplies. China has invested heavily in lithium-ion battery production. Thus, if lithium is analogous to petroleum, then lithium-ion battery production is analogous to the refineries and chemical plants that turn that petroleum into finished products. There, the U.S. is falling behind. (Also see my 2019 article Why China Is Dominating Lithium-Ion Battery Production).

 

China controls the lion’s share of the global lithium-ion battery supply chain, and its market share has grown by another 12% in the past two years. There is a very real threat that China will be to lithium what OPEC was to petroleum — except at least with petroleum the U.S. was a major producer in our own right. We can’t say that about lithium.

https://www.forbes.com/sites/rrapier/2022/01/11/the-us-is-losing-the-lithium-industry-to-china/