Jun 10, 2024
China Dominates Europe's Critical Material Supply Chain
![China Dominates Europe's Critical Material Supply Chain](/_next/image?url=https%3A%2F%2Fcdn.voronoiapp.com%2Fpublic%2Fimages%2Fvoronoi-China-Dominates-Europes-Critical-Material-Supply-Chain-20240610134039.webp&w=3840&q=85)
What We’re Showing
The percentage of EU raw material supply sourced from China. This data was published by Bloomberg in May 2024, based on European Commission research.
Key Takeaways
- Europe is 100% dependent on China for heavy rare earth elements used in technologies such as hybrid cars, fiber optics, and nuclear power.
- Almost 80% of the lithium in electric vehicles and electronics batteries comes from China.