China's battery technology has experienced a significant boom in recent years, driven by government investments and research initiatives. According to a New York Times report, China has become the world's leading producer of electric vehicle batteries, with companies like Contemporary Amperex Technology (CATL) and BYD Co. investing heavily in research and development. The country's efforts have paid off, with CATL reportedly supplying batteries to major automakers such as Volkswagen and Tesla.

Source: https://www.nytimes.com/2024/08/09/business/china-ev-battery-tech.html