In value terms, the largest lithium battery suppliers to the Dominican Republic were China ($X), the United States ($X) and Japan ($X), together accounting for 90% of total imports.
This graphic uses exclusive data from our partner, Benchmark Mineral Intelligence, to rank the top lithium-ion battery producing countries by their forecasted capacity (measured in gigawatt-hours or GWh) in 2030. Chinese companies are expected to account for nearly 70% of global battery capacity by 2030, delivering over 6,200 gigawatt-hours.
After three years of growth, the Dominican lithium battery market decreased by -35% to $X in 2021. Over the period under review, consumption, however, continues to indicate a significant increase. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.
Tutorials and first steps The largest lithium-ion battery companies worldwide were located in the Asian continent. China, South Korea, and Japan led the ranking in 2023.
Currently, China is home to six of the world’s 10 biggest battery makers. China’s battery dominance is driven by its vertical integration across the entire EV supply chain, from mining metals to producing EVs. By 2030, the U.S. is expected to be second in battery capacity after China, with 1,261 gigawatt-hours, led by LG Energy Solution and Tesla.
In this note, BloombergNEF ranks 30 leading countries across the lithium-ion battery supply chain based on their activities in 2021. We also explore how… You must login to view this content