Re-Blogged From Stratfor
- In spite of potential global pushback against Beijing’s investments, Chinese companies will acquire control of a majority of the lithium-ion battery market, giving the country a significant advantage in a sector of growing geopolitical importance.
- The United States will exploit economies of scale and focus on finding domestic sources of materials as it attempts to carve out a market share amid China’s growing dominance.
- Japan and Korea will have the most success penetrating markets in which there is significant pushback against Chinese investment, such as in North America, Australia and parts of Europe.
- Europe will likely fall behind because its battery manufacturing capacity does not have the ability to meet its demand.