At present, the world's electric vehicles are mainly based on lithium batteries. In the course of more than 20 years of development, Japan and South Korea have basically monopolized the global supply of lithium batteries, with a market share of 95%, of which the Japanese market share is more than 60%, South Korea is 30%, and China is 8%.
In the development of the lithium battery industry, the three areas of advantages are different. Japan has strong technical strength, high degree of automation in the lithium industry, and good product quality. However, due to the high cost of products, it has limited the global expansion of the Japanese lithium battery industry to some extent. In recent years, it has gradually been overtaken by South Korea. South Korea's technology level is slightly lower than that of Japan, but with the unique advantages of the country's large consortium, it is possible to focus resources on development. In recent years, Korean battery companies have set up factories in China to reduce production of lithium batteries, helping to seize China's largest electric vehicle market.
Compared with Japan and South Korea, the technical level of Chinese enterprises needs to be improved, and the development direction is still unknown to the world. However, in terms of large-scale manufacturing, the world has no rivals. In recent years, China has increased its investment in electric vehicle-related industries. The lithium battery industry chain is perfect and its development speed is staggering.

Electronic Product

Electronic Product,Plastic Electric Tool,Electric Tools Plastic Parts,Oem Aerospace Connector

Wisegroup Precison Mold Ltd , https://www.wisegroupasia.com