Why the ex-China APAC region is a key cathode supply hub for North America

China is a battery supply chain behemoth. Composing 85% of global lithium ion battery cell production, 80% of cathode production, and 65% of lithium refining in 2024, China’s dominance is pervasive across the breadth of the value chain. Beyond its borders, however, the Asia Pacific (APAC) region represents one of the fastest growing hubs for […]