China’s battery grip tightens: 70% of the global market and rising
March 24, 2026
The numbers are in, and they make for uncomfortable reading if you’re sitting in Seoul, Detroit, or Brussels. Last year, Chinese battery manufacturers controlled 70.4% of the global EV battery market, up 20% from the year before. Basically, all car-producing nations outside of China are losing the battle for battery independence. Gradually, the fears are […]