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China Leads the Lithium-Ion Battery Supply Chain as Europe Makes Progress: BNEF Study

BNEF based its ranking on a country’s current trajectory. However, if a nation enacts targeted policy and regulations, there is ample time to improve their position

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Chinese lithium-ion battery manufacturers are likely to retain their recently acquired number one position in the next five years. The U.S. and Sweden may emerge third and fourth by 2025, respectively, according to the forecast in Bloomberg New Energy Finance’s (BNEF) ‘Global Lithium-Ion Battery Supply Chain Ranking.’

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