Canada

This marks the first time China has not claimed the number-one position. Canada’s consistent manufacturing advancements and strong ESG credentials have made it a leader in future battery supply chains. Its strong integration with the US automotive sector and commitment to policy at both provincial and federal levels contribute to its ranking in BNEF‘s ranking.

While China still has the strongest established supply chain, the increasing importance of sustainability across the lifecycle of lithium-ion batteries means the region must take a more proactive approach to tackle ESG issues to benefit its supply chain in the long term.