Global Distribution and Market Share in the Lithium Battery Industry

China dominates lithium battery production, with other major players like Japan, South Korea, and the US also holding substantial market shares. In 2024, rising demand is pushing new regions to enter production, diversifying the global supply chain. With electric vehicle and renewable energy markets expanding, many countries are investing in local battery manufacturing. This shift not only reduces dependency on single markets but also encourages competition, which can drive innovation and reduce costs. The global distribution of lithium battery production is evolving, contributing to a more resilient and accessible supply chain for industries worldwide.