Is There An EV Battery Monopoly?

The answer is that, no, there is not a monopoly.

In this Q&A, I’m asked whether or not there is a monopoly on electric vehicle batteries or their components. The answer is that, no, there is not a monopoly. There are, however, some supply bottlenecks that are slowly sorting themselves out, including the fact that most of the world’s lithium is currently under the control of China. But that’s changing. Quickly.

https://www.youtube.com/watch?v=kzgkAdfp76M

Aaron Turpen
An automotive enthusiast for most of his adult life, Aaron has worked in and around the industry in many ways. He is an accredited member of the Rocky Mountain Automotive Press (RMAP), the Midwest Automotive Media Association (MAMA), the Texas Auto Writers Association (TAWA), and freelances as a writer and journalist around the Web and in print. You can find his portfolio at AaronOnAutos.com.