China Grabs Even Larger Shares of Electric Vehicle, Battery, Other Tech

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China Grabs Even Larger Shares of Electric Vehicle, Battery, Other Tech
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The Australian Strategic Policy Institute (ASPI) reported on Friday that China is now the research leader in 19 critical high-tech markets.

reported Friday that China is now the research leader in 19 critical high-tech fields, compared to only four for the United States.

The competition was a little closer in the hotly contested field of artificial intelligence , but China still had the lead in four of six AI-related fields ASPI studied, compared to two for the United States. China and the U.S. were roughly tied in research on quantum computing technologies.

Four of the top five producers of insulators for lithium-ion batteries, used in EVs and other products, are Chinese companies commanding a combined share of 63%. Sinoma Science & Technology, which was outside the top five in 2021, ranked second with an 11% share. China is now “dominant” in the EV supply chain, and is opening plants for electric vehicles and batteries around the world, from Brazil to Germany.

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