Does China own the EV battery market? One may be forgiven for thinking that lithium batteries have problems that cloud their future. Battery makers worldwide are struggling to solve these problems, but China seems to have taken the lead in breakthroughs. One of the country’s biggest competitors may be Finland’s Donut Lab, which has been promoting its 400-Watt-hour-per-kilogram cells, claiming the ability to be recharged 100,000 times. Chinese competition may not disprove these claims, but seem to up the ante. A Chinese Consortium China may have a much bigger competitor in personnel and resources with its consortium of battery and automotive manufacturers. CASIP, or the China All-Solid-State Battery Collaborative Innovation Platform. CATL (Contemporary Amperex Technology Co., Limited). is probably the largest company involved, with 37.9 percent of the 2024 total world battery market in its sales profile. Other battery manufacturers include CALB, EVE Energy, SVOLT, Gotion High-Tech, and BYD’s battery subsidiary, FinDreams Battery. Several state-owned auto makers are involved, as …
