According to the International Energy Agency (IEA), the key material minerals for electric vehicles include lithium, nickel, cobalt, copper and rare earths. The main source countries of lithium from Australia and Bolivia, nickel from Indonesia, cobalt from the Democratic Republic of Congo, copper from Chile, rare earths from China; China in addition to mastering a large number of rare earth resources, but also monopolize the processing of minerals. Other midstream and downstream battery supply chain has 3/4 concentrated in China, due to the mastery of raw material sources and cost advantages, Chinese manufacturers in the negative electrode, electrolyte and isolation film are in a leading position.