Athabasca Basin: The World’s Highest Grade Uranium District
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Athabasca Basin: The World’s Highest Grade Uranium District

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The Athabasca Basin currently accounts for 15.5% of annual uranium production. Even more interesting, is the grade of these deposits. 10 of the 15 highest grade uranium deposits in the world are found in the region. Further, Athabasca deposits such as Phoenix, McArthur River, and Cigar Lake range from 15 to 20% uranium – several times the grade of their nearest competition outside of the Basin.

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Visualizing China’s Dominance in Battery Manufacturing (2022-2027P)

This infographic breaks down battery manufacturing capacity by country in 2022 and 2027.

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Visualizing China’s Dominance in Battery Manufacturing

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With the world gearing up for the electric vehicle era, battery manufacturing has become a priority for many nations, including the United States.

However, having entered the race for batteries early, China is far and away in the lead.

Using the data and projections behind BloombergNEF’s lithium-ion supply chain rankings, this infographic visualizes battery manufacturing capacity by country in 2022 and 2027p, highlighting the extent of China’s battery dominance.

Battery Manufacturing Capacity by Country in 2022

In 2022, China had more battery production capacity than the rest of the world combined.

RankCountry2022 Battery Cell
Manufacturing Capacity, GWh
% of Total
#1 🇨🇳 China89377%
#2🇵🇱 Poland736%
#3🇺🇸 U.S.706%
#4🇭🇺 Hungary383%
#5🇩🇪 Germany313%
#6🇸🇪 Sweden161%
#7🇰🇷 South Korea151%
#8🇯🇵 Japan121%
#9🇫🇷 France61%
#10🇮🇳 India30.2%
🌍 Other71%
Total1,163100%

With nearly 900 gigawatt-hours of manufacturing capacity or 77% of the global total, China is home to six of the world’s 10 biggest battery makers. Behind China’s battery dominance is its vertical integration across the rest of the EV supply chain, from mining the metals to producing the EVs. It’s also the largest EV market, accounting for 52% of global sales in 2021.

Poland ranks second with less than one-tenth of China’s capacity. In addition, it hosts LG Energy Solution’s Wroclaw gigafactory, the largest of its kind in Europe and one of the largest in the world. Overall, European countries (including non-EU members) made up just 14% of global battery manufacturing capacity in 2022.

Although it lives in China’s shadow when it comes to batteries, the U.S. is also among the world’s lithium-ion powerhouses. As of 2022, it had eight major operational battery factories, concentrated in the Midwest and the South.

China’s Near-Monopoly Continues Through 2027

Global lithium-ion manufacturing capacity is projected to increase eightfold in the next five years. Here are the top 10 countries by projected battery production capacity in 2027:

RankCountry2027P Battery Cell
Manufacturing Capacity, GWh
% of Total
#1🇨🇳 China6,19769%
#2🇺🇸 U.S.90810%
#3🇩🇪 Germany5036%
#4🇭🇺 Hungary1942%
#5🇸🇪 Sweden1352%
#6🇵🇱 Poland1121%
#7🇨🇦 Canada1061%
#8🇪🇸 Spain981%
#9🇫🇷 France891%
#10 🇲🇽 Mexico801%
🌍 Other5236%
Total8,945100%

China’s well-established advantage is set to continue through 2027, with 69% of the world’s battery manufacturing capacity.

Meanwhile, the U.S. is projected to increase its capacity by more than 10-fold in the next five years. EV tax credits in the Inflation Reduction Act are likely to incentivize battery manufacturing by rewarding EVs made with domestic materials. Alongside Ford and General Motors, Asian companies including Toyota, SK Innovation, and LG Energy Solution have all announced investments in U.S. battery manufacturing in recent months.

Europe will host six of the projected top 10 countries for battery production in 2027. Europe’s current and future battery plants come from a mix of domestic and foreign firms, including Germany’s Volkswagen, China’s CATL, and South Korea’s SK Innovation.

Can Countries Cut Ties With China?

Regardless of the growth in North America and Europe, China’s dominance is unmatched.

Battery manufacturing is just one piece of the puzzle, albeit a major one. Most of the parts and metals that make up a battery—like battery-grade lithium, electrolytes, separators, cathodes, and anodes—are primarily made in China.

Therefore, combating China’s dominance will be expensive. According to Bloomberg, the U.S. and Europe will have to invest $87 billion and $102 billion, respectively, to meet domestic battery demand with fully local supply chains by 2030.

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