Both Trump and Harris will ensure the U.S. catches up and surpasses China’s battery minerals market.
China has continued to dominate the electric vehicle and battery minerals markets. The country’s international market share is thanks to an early start at comprehensive policies aimed at every single critical mineral supply chain. That translated into streamlined manufacturing of and refinery capacity for such minerals and downstream applications like batteries. As a result, China has positioned itself to be a global leader in this critical sector at a time when the entire world is shifting towards renewable energy dependent on battery storage and the electrification of the transportation industry.
