Europe Aims to Reduce Reliance on China for Lithium
Europe aims to reduce reliance on China for lithium, critical for its EV industry. The EU has identified 16 critical materials in a new industrial strategy. A lithium production facility is under construction in Bitterfeld-Wolfen, East Germany. European Commission President Ursula von der Leyen initiated an anti-subsidy investigation into Chinese imports. China dominates lithium processing, with EU relying on China for 97% of its lithium supply. China's share of EU car imports rose from 0.5% in 2019 to 4% in 2022. The Russian invasion of Ukraine highlighted trade dependencies.
Europe aims to reduce reliance on China for lithium, critical for its EV industry. The EU has identified 16 critical materials in a new industrial strategy. A lithium production facility is under construction in Bitterfeld-Wolfen, East Germany. European Commission President Ursula von der Leyen initiated an anti-subsidy investigation into Chinese imports. China dominates lithium processing, with EU relying on China for 97% of its lithium supply. China's share of EU car imports rose from 0.5% in 2019 to 4% in 2022. The Russian invasion of Ukraine highlighted trade dependencies.
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Europe aims to reduce reliance on China for lithium, critical for its EV industry. The EU has identified 16 critical materials in a new industrial strategy. A lithium production facility is under construction in Bitterfeld-Wolfen, East Germany. European Commission President Ursula von der Leyen initiated an anti-subsidy investigation into Chinese imports. China dominates lithium processing, with EU relying on China for 97% of its lithium supply. China's share of EU car imports rose from 0.5% in 2019 to 4% in 2022. The Russian invasion of Ukraine highlighted trade dependencies.
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Focus: Europe Aims to Reduce Reliance on China for Lithium
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