China's early investment in critical mineral supply chains has positioned it as a global leader in electric vehicle and battery production, significantly affecting international markets.
With about 60% of global rare earth extraction and 80% of lithium processing controlled by China, dependency for major economies poses severe economic and national security risks.
Due to China's control over vital materials and manufacturing, the urgent shift to a low-carbon economy could be jeopardized, highlighting a substantial vulnerability for global markets.
China's influence over the electric vehicle supply chain illustrates how geopolitical risks may endanger the electric transition, where one nation's decisions could impact worldwide efforts.
Collection
[
|
...
]