As the global lithium battery industry experiences explosive growth, major markets including China, Japan, Korea, Europe, and the United States have introduced strategic plans for the sustainable development of the battery industry. By enacting related policies and regulations, these regions aim to guide and support the sustainable advancement of the industry both domestically and internationally. Notably, Japan and Korea, as traditional powerhouses in the battery sector, have seen their market shares gradually eroded by the rapid rise of China's lithium battery industry.
In response to global competition in the strategic battery industry, the South Korean government has released the "2030 Secondary Battery Industry Development Strategy" and the "Battery Industry Innovation Strategy," setting a goal for Korea to capture 40% of the global battery industry market share by 2030. Through public-private cooperation and investment stimulation, the government seeks to promote technological innovation in companies, accelerate the strategic positioning in next-generation battery technologies, and hasten the construction of production capacities and supply chain systems.
Currently, Japanese battery companies rank behind China and Korea, experiencing a gradual decline in market share. To achieve carbon neutrality and meet the future demand for renewable energy electricity, the Japanese government has introduced the "2050 Carbon Neutrality Green Growth Strategy" and the "Energy Basic Plan," providing a top-level design for the country's green and low-carbon transition and renewable energy development. Specifically, for the battery industry, the "Battery Industry Strategy" aims to increase domestic production capacity to 150 GWh and global capacity to 600 GWh by 2030. Japan is also heavily investing in the research and development of all-solid-state batteries, aspiring to industrialize this technology by 2030 to achieve a technological breakthrough.
The European Union established the European Battery Alliance as early as 2017, coordinating internal industrial resources to create a synergistic battery industry development strategy. Through the "Battery Strategic Action Plan," the EU aims to enhance the competitiveness of the entire battery value chain, constructing a full lifecycle industry system from raw material extraction to the recycling of used batteries. In 2023, the "Green Deal Industrial Plan" further reinforced the EU's domestic manufacturing capacity for clean energy technologies, setting a target for 550 GWh of domestic battery manufacturing capacity by 2023, and establishing targets for the domestic mining, processing, and recycling of key raw materials, aiming to build a comprehensive EU domestic clean energy and battery supply chain system. The "EU Batteries and Waste Batteries Regulation" sets higher standards for battery products entering the EU market, covering product declarations, supply chain due diligence, carbon footprint, and other full lifecycle compliance and disclosure requirements.
Following President Biden's inauguration, the United States announced its return to the Paris Agreement and began implementing the "Inflation Reduction Act," specifying requirements for the sourcing and origin of core minerals and components in batteries to enhance the supply chain capabilities of the US and its trade partners. The "US National Lithium Battery Development Blueprint (2021-2030)" outlines five major development goals, including ensuring the supply of critical raw materials, supporting technology research and development, and enhancing workforce quality.
Since the beginning of the 21st century, China has outlined development strategies for energy-saving and new energy vehicles, integrating these plans into the "National Medium- and Long-Term Science and Technology Development Plan Outline (2006-2020)." Subsequent strategic planning and guidelines have propelled the development of electric vehicles and power battery technologies. The "New Energy Vehicle Industry Development Plan (2021-2035)" further outlines objectives for enhancing the lithium battery industry's foundational capabilities, strengthening the recycling system, and promoting the development of the entire value chain, demonstrating China's ambition and effort in the development of the lithium battery industry.
(End)