In Depth: The World’s EV Supply Chain Is Fracturing

Long dominated by China, the global lithium industrial chain is breaking up into independent European, American and China segments

Trucks and tractors transport the raw material extracted from the salt recovery pools to be processed in the lithium pilot plant at the Llipi pilot Plant in the Uyuni Salt Flats on Aug. 13, 2022 in Uyuni, Bolivia. Photo: VCG

Chinese makers of electric vehicles (EVs) and batteries are bracing for a sweeping restructuring of the global lithium industrial chain long dominated by China.

Since the pandemic and Russia-Ukraine war heightened energy security concerns, the U.S. and the European Union are taking steps to create their own EV supply chains in the spirit of “the closer, the safer.” The shakeup means costs will rise, driving dramatic changes in sourcing of raw materials and labor, which is likely to benefit places like Indonesia………

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