This graphic underscores the scale of the challenge the bloc faces in strengthening its critical mineral supply by 2030.
Cell prices have fallen 73% since 2014.
Chinese companies are expected to hold nearly 70% of global battery capacity by decade's end.
Chinese miners are set to overtake major producers by 2025.
Investment in batteries is expected to surpass $1.6 trillion by 2040.
In this graphic, Visual Capitalist has partnered with EnergyX to explore the growth of global clean energy investment.
Three countries account for almost 90% of the lithium produced in the world.
Visual Capitalist has partnered with EnergyX to show why drops in prices and growing demand may make now the right time to invest in lithium.
Asia dominates this ranking of the world's largest EV battery manufacturers in 2023.
In this graphic, Visual Capitalist partnerered with EnergyX to explore the size and location of U.S. lithium mines.
