Photo: Mark Hunter_CC BY-NC 2.0

As China charges ahead with the production of smartphones, electrolyte makers have been racing to mass-produce low-cost components for the consumer Li-ion battery market.

Photo: Mark Hunter_CC BY-NC 2.0

Chinese manufacturers are also the dominant players for other battery components. But their Japanese counterparts are now discovering new opportunities in the electric vehicle market, for which reliable, high-performance batteries are essential.

China is home to more than 40 battery makers, giving the country a definite advantage in the industry. And more companies are crowding in from other sectors.

Read the full article China’s lithium-ion battery makers devour foreign rivals.