As EVs become more popular, the politics to secure the resources necessary to power these vehicles are going to become a lot more complex. This is because of how globally dispersed the supply chains are for the key minerals and metals.
The United States and Europe are especially vulnerable, given China’s dominance in the extraction of some strategic resources like cobalt. More importantly, this dominance extends to the processing of those materials, a sector where Chinese companies often have 90+% market share.
- Get a daily email packed with the latest China-Africa news and analysis.
- Read exclusive insights on the key trends shaping China-Africa relations.
- Full access to the News Feed that provides daily updates on Chinese engagement in Africa and throughout the Global South.