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Li-ion Reserve in the World: How it Revolutionised the EV Industry

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Chile has the world’s highest lithium deposits by a huge margin. In 2020, Chile’s lithium reserves were expected to be 9.2 Lithium is used in electric car batteries because it is lightweight, has a large energy storage capacity, and can be recharged several times. million metric tonnes.

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

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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. —Yayoi Sekine, head of energy storage at BNEF.

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