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Originally published by Capital Businessbusiness
November 14, 2025
3h ago
How China won the world’s EV battery race
NOV 14 - In 2005, China only had two EV battery manufacturers. Twenty years later, it produces more than three-quarters of the world's lithium-ion cells. Kenya breaking news | Kenya news today |..
✨ Key Highlights
China has emerged as the global leader in electric vehicle (EV) battery production, now producing over three-quarters of the world's lithium-ion cells, a significant rise from having only two manufacturers in 2005. This dominance stems from strategic government initiatives, a walled-off domestic market, and the companies' adeptness in large-scale, cost-controlled production.
- China produces more than 75% of global lithium-ion batteries and hosts six out of the ten largest battery makers.
- Key players include CATL, the world's largest EV battery maker, and BYD, the second-largest.
- The journey began with the 2008 Beijing Olympics, where a fleet of electric buses laid the groundwork for the industry, followed by substantial government subsidies and a policy mandating automakers to use domestic batteries.
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