The European Commission has placed great effort in promoting and harmonizing the EU's battery industry, with increased focus on renewable energy and the electrification of transport.
ReCell's policy analysis is centered in Europe and how the EC's regulatory framework is translated into legislation at individual Member States. To not lose sight of the global battery market, our analysis covers two other notable regions: China and the United States.
OTHER NOTABLE COUNTRIES
As of 2019, the world's top five Li-ion battery producers were located in Asia and accounted for close to 80% of the global market, making the region an essential piece of the Li-ion battery value chain. Following the Chinese companies CATL and BYD, the next three biggest manufacturers are Panasonic from Japan, and LG Chem and Samsung from South Korea. American EV manufacturer Tesla brings the United States to the world stage with its gigafactory in Nevada, a product of a partnership with Panasonic for the production and supply of batteries to its growing fleet of electric vehicles.