Their figures do not give the slightest truce to the competition

China is world leader in The production of lithium batteries. If we stick to electric cars the country led by Xi Jinping Fabrica 57% of batteries that these vehicles use. Catl and Byd They are the largest manufacturers of energy accumulators on the planet with A market share in 2023 34% and 16% respectively. And if we look at electronic devices equipped with batteries, your domain is equally forceful. Only in this way are the figures in which we are about to investigate.

China has reached this leadership position due to several factors. On the one hand it is The largest producer in the world of lithium and rare earths, which are the main raw materials used in the manufacture of batteries. In addition, it controls the processing of these materials and is capable of producing large -scale batteries and with a very competitive price. There is currently no indicator that invites us to anticipate that your mastery of lithium batteries will be threatened in the medium term.

In just a Chinese decade of 50% market share at 80%

The evolution that the lithium batteries industry has experienced in this Asian country is the result of a very ambitious strategy pergenerated by the Government a decade ago. In 2015 President Xi Jinping announced the plan “Made in China 2025”an initiative that pursued to take the country to a world leadership position in thirteen strategic technologies. In some of them, such as the production of medicines, large tractors, the manufacture of industrial machinery, the artificial intelligence (AI) or the robots does not lead, but has established itself in a competitive position.

However, in five of these Chinese technologies he is already a global leader. In the industries of unmanned aerial vehicles, solar panels, graphene, high -speed trains, and, finally, of the electric cars/lithium batteries binomial, Chinese companies are the most competitive.

If we stick to the production of lithium batteries your market domain a decade after the implementation of the “Made in China 2025” plan is overwhelming, as we can see in the following graph prepared by the consultant Benchmark Mineral Intelligence.

Source: Benchmark Mineral Intelligence

And this country has gone from having a 50% global market share in 2015 to no less than 80% today. A decade ago his position was already good, but In 2025 your domain is absolute. Another fact that we are not overlooking is that the global production of lithium batteries in 2015 amounted to 42 GWh, while in 2024 this figure increased to 1,400 GWh. This growth is mainly explained thanks to China’s intervention.

The graph also reflects the participation of Europe, North America and APAC, which is the region that includes Asia and the island areas of the Pacific excluding China on this occasion. Its market share is similar (around 6 or 7% for each of these competitive regions), so it is evident that in the medium term China’s leadership will not be threatened. However, it is curious to verify that not even South Korea, a country that officially considers its battery industry A strategic resourceyou can currently make China the slightest shadow in this area.

Image | Tennen-Gas

More information | Benchmark Mineral Intelligence

In Xataka | Historic record for China: its chips industry has produced in 2024 more than ever despite the sanctions