As the world transitions away from fossil fuels and the electric vehicle market grows, competition to control a piece of a new source of energy is brewing. From rival carmakers to raw materials miners, different groups are racing to carve out their spots in the supply chain of one important technology: lithium-ion batteries. How will it shake out? The FT’s commodities correspondent Harry Dempsey explains who’s likely to succeed, and what that could mean for the future of corporate and national power.
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For further reading:
Rival battery technologies race to dominate electric car market
The search for winners in the new battery era
Can anyone challenge China’s EV battery dominance?
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On X, follow Harry Dempsey (@harrydemps) and Michela Tindera (@mtindera07)