“If you’re a mass-market global brand in China, your days are...

“If you’re a mass-market global brand in China, your days are numbered.” Glory days for automakers like Ford, General Motors in China are over | CNN Business
https://x.com/dunne_insights/status/1831816058195579180

China, Korea and Japan own the global battery industry. Everywhere else is a sideshow.

Battery Global Market Shares - 2024

CATL 37% [China]
BYD 16% [China]
LG Chem 12% [South Korea]
SK ON 5% [South Korea]
CALB 5% [China]
Samsung SDI 4%  [South Korea]
Panasonic 4% [Japan]
Others: 17% [China, South Korea, Japan]
Source: SNE Research

China owns >60% of the global battery business.

As largest consumer of lithium, they will control the market indefinitely as US stays on the sidelines and EU battery makers implode.