# China battery supply chain

Chinese Cathode-Materials Maker Mengguli Plans ¥9.29bn Build-Out as Battery Supply Chain Heats Up

Mengguli has unveiled plans to invest ¥9.29 billion in a lithium‑ion cathode materials project, signalling an aggressive bet on continued EV and energy‑storage growth. The expansion highlights both the strategic importance of cathode production in the battery supply chain and the risks of rapid capacity growth amid governance and raw‑material uncertainties.