In a recent interview with Xinhua News Agency, Moores said the world has seen the rise of lithium.
Ion battery.
"While it was launched by Tesla's Geely plant, 70% of the new capacity was built in China by major producers such as BYD, ATL and Lee Sen.
"We have also seen Japanese and Korean manufacturers immigrate to China to build their large factories," he added . ".
Capacity of all lithium-
There are currently 16 ion factories in China.
4 GWh and will increase to 107.
According to Benchmark Mineral, a price data collection and evaluation company focused on the lithium-ion battery supply chain, 5 GWh will all end by 2020.
That means China will have 62% of the world's lithium.
By then, the production capacity of ion batteries.