The electric vehicle (EV) battery market is dominated by Chinese suppliers, with market research reports for 2023 and early 2024 showing that six out of the top 10 manufacturers are from China. More than two-thirds of the world’s EV battery capacity in 2023 was supplied by Chinese manufacturers, and in the first four months of 2024, another report finds that already nearly two-thirds have been supplied by them. What’s as interesting is that more than a third of that
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