61. How China Came to Dominate the Global EV Lithium-ion Battery Value Chain: Lessons and Opportunities for Africa
- Author:
- Xieshu Wang
- Publication Date:
- 12-2022
- Content Type:
- Policy Brief
- Institution:
- Centre for Business and Development Studies (CBDS), Copenhagen Business School
- Abstract:
- The electrification of vehicles is accelerating and the global automotive industry is under full transformation. China has become an indispensable partner for EV makers as the only country that has succeeded in building a complete and competitive industry value chain of EV lithium-ion batteries. Top-down government-led policymaking has been an important driver; bottom-up firm-level vertical integration strategy and investments have effectively created a closedloop supply chain. Africa is still at an early stage in this mobility transition. But with its rich deposits of minerals and potential markets, it can become a key player in the global EV value chain, if a favourable ecosystem for the fast uptake of EV and related green businesses could be developed in time.
- Topic:
- Industry, Global Value Chains, Lithium, Automotive Industry, Batteries, and Electric Vehicles
- Political Geography:
- Africa and China