Does China Have Energy Storage Lithium Batteries? The Powerhouse Reality
You know, when we talk about renewable energy storage, one question keeps popping up: "Does China actually have the technological muscle in energy storage lithium batteries?" Well, the short answer is a resounding yes – but let's unpack why this matters. As of Q2 2024, China controls 78% of global lithium-ion battery production capacity, with its energy storage sector growing at 200% CAGR since 2020. But how did they achieve this, and what does it mean for global energy markets?
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