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China s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. China currently hosts 75% of all battery cell manufacturing capacity.

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