Tag: electric vehicle batteries
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China’s CATL and BYD Control 55% of Global EV Battery Market
Two Chinese EV battery companies, CATL and BYD, accounted for more than half of global electric-vehicle battery usage from January through November 2025, according to data released by South Korean market research firm SNE Research. Global EV battery usage totaled ...
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Congo Uses Cobalt Export Limits to Force Processing Deals With Chinese Miners
The Democratic Republic of Congo appears determined to leverage its negotiating power with Chinese and other mining companies to secure major concessions on local cobalt processing. That was the signal sent by Congolese Mines Minister Louis Watum, who said — according ...
Key Battery Metal Prices to Remain in Doldrums for the Foreseeable Future, Says Goldman Sachs Forecast
The prices of essential resources used to manufacture electric vehicle batteries will remain under severe pressure for at least the next 12 months, according to a forecast by U.S. investment bank Goldman Sachs. A combination of factors is contributing to the ...
South Korea Moves to Reduce Reliance on China for EV Battery Metals
The South Korean government introduced new measures this week to reduce its dependence on China for 185 different critical resources, many of which are used to manufacture EV batteries. The Ministry of Industry, Trade and Energy announced on Wednesday new measures that ...
China Limits Exports of Graphite to Counter U.S. Technology Restrictions
The Chinese government announced it will soon restrict the export of three grades of graphite, a key ingredient in EV batteries and nuclear power plants, in retaliation for U.S.-led restrictions on technology sales to Chinese companies. China's Ministry of Commerce ...
A pedestrian reads a sign at a petrol station in Tacloban City, Leyte province, central Philippines on March 30, 2026. Photo by MARLON TANO / AFP
In response to Iran’s partial closure of the Strait of Hormuz, the United States has begun implementing a counter-blockade—leveraging naval patrols, sanctions enforcement, and selective interdictions to constrain Iranian oil exports and raise the costs of Tehran’s strategy. Rather than restoring stability, however, this tit-for-tat dynamic is accelerating fragmentation in global ...
China’s CATL and BYD Control 55% of Global EV Battery Market
Two Chinese EV battery companies, CATL and BYD, accounted for more than half of global electric-vehicle battery usage from January through November 2025, according to data released by South Korean market research firm SNE Research. Global EV battery usage totaled ...
Congo Uses Cobalt Export Limits to Force Processing Deals With Chinese Miners
The Democratic Republic of Congo appears determined to leverage its negotiating power with Chinese and other mining companies to secure major concessions on local cobalt processing. That was the signal sent by Congolese Mines Minister Louis Watum, who said — according ...
Key Battery Metal Prices to Remain in Doldrums for the Foreseeable Future, Says Goldman Sachs Forecast
The prices of essential resources used to manufacture electric vehicle batteries will remain under severe pressure for at least the next 12 months, according to a forecast by U.S. investment bank Goldman Sachs. A combination of factors is contributing to the ...
South Korea Moves to Reduce Reliance on China for EV Battery Metals
The South Korean government introduced new measures this week to reduce its dependence on China for 185 different critical resources, many of which are used to manufacture EV batteries. The Ministry of Industry, Trade and Energy announced on Wednesday new measures that ...
China Limits Exports of Graphite to Counter U.S. Technology Restrictions
The Chinese government announced it will soon restrict the export of three grades of graphite, a key ingredient in EV batteries and nuclear power plants, in retaliation for U.S.-led restrictions on technology sales to Chinese companies. China's Ministry of Commerce ...
China Takes Advantage of Cobalt’s Low Price to Boost Strategic Reserve
The Chinese government plans to fortify its stockpile of cobalt, a critical resource used to manufacture electric vehicle batteries. Insiders tell Reuters that the Strategic Reserves Administration plans to purchase 3,100 metric tons of the blue metal in a move likely timed ...
Japan Moves to Build China-Free EV Battery Supply Chain
Nishimura Yasutoshi, Japan's economy and industry minister, spent last week crisscrossing southern Africa on a five-nation tour at the behest of his country's auto industry that is looking for new supplies of the raw materials needed to power electric vehicles. Japan, like ...
Unhappy With Continued Reliance on China for Critical Minerals, U.S. Senators Push Biden to Act
In a rare display of bipartisanship, a group of U.S. Senators this week sent letters to four cabinet members expressing their frustration over the administration's lack of progress in using funds allocated by Congress in the Energy Act of 2020 to build a domestic critical mineral supply chain.
DRC Industry Minister Meets With Two Key Chinese Players in the EV Battery Business
A meeting last week between a pair of senior Chinese executives and the DR Congo's Industry Minister, Julien Paluku, hints that the government is moving to expand domestic processing of raw materials used to manufacture electric vehicle batteries. Paluku met ...
Chinese and Australian Companies Battle For Control of Massive Congolese Lithium Mine
Two mining majors, one from China and the other from Australia, are fighting a pitched battle over a 15% share of the massive Manono lithium mine in the southern Democratic Republic of the Congo. While normally such a small ownership stake is ...