“China controls 80% of the global battery market for EVs, and near 100% of the raw materials for EV batteries.”
The raw materials for an EV battery are nickel, lithium, cobalt, aluminum, manganese, and copper. Which of those does China have a monopoly on?
“In 2019, Chinese chemical companies accounted for 80 percent of the world’s total output of raw materials for advanced batteries. China controls the processing of pretty much all the critical minerals–rare earth, lithium, cobalt, and graphite. Of the 136 lithium-ion battery plants in the pipeline to 2029, 101 are based in China.”
There are many other sources for market share data on EV batteries.