China currently dominates many of the key raw materials and production processes for essential climate change components. That wouldn’t necessarily be a bad thing if China could be trusted to be a good global partner. But they can’t.
Today North America accounts for only 3% of lithium refining capacity.
North America controls a whopping 1% of cathode active and graphite anode active material production. Europe has 5% of cathode active materials and 1% of graphite anode active materials.
The situation is slightly improved for battery cell and electric vehicle production. North America accounts for 10% and Europe 11%.
EVs are in the same range. North America produces 10% of worldwide EVs with Europe kicking in 17%.
We need more balance in these percentages to ensure achieving our net-zero goals.