Sustainable Finance Paper2 Draft

Research Question Prompt

Foreign Policy/Security: Considering China’s growing dominance in EV exports and the associated demand for critical minerals, evaluate the geopolitical and energy security implications for countries increasingly reliant on these imports. Analyze the strategies that nations could adopt to mitigate risks from potential supply disruptions or market manipulations by dominant exporting countries, especially in the context of the rising global demand for EVs. Examine how this dynamic influences international relations and the strategic positioning of nations in the global energy transition.

Executive Summary:

China’s expansion in the global EV market is reshaping energy security dynamics, just last year it surpassed Japan to become the top exporter of automobiles in the world. We’ll be exploring the demand in critical minerals that’s affected in this upcoming tide.

Key Takeaways:

Chinese EV manufacturing are driving a surge in global demand for critical minerals. Energy security now hinges on diversified, stable mineral supply chains as China is securing mineral mines all over the world. Strategic international partnerships are crucial to address potential supply monopolies.

Introduction:

Overview of China’s rise in the EV market and the subsequent global impact.

Body Paragraph 1:

China’s dominance in EV exports and the global market response.

In last year, 2023, China officially dethroned Japan and became the top automobile exporter in the world, selling over 5.3 million cars overseas, of which more than 1.7 units were new energy vehicles.

Body Paragraph 2:

The critical role of minerals like cobalt and lithium in EV production. Visualization: Table showing the forecasted demand for these minerals.

Body Paragraph 3:

International efforts to secure stable mineral supplies and China’s strategic moves. Visualization: Map highlighting key areas of mineral extraction and trade routes.

Conclusion:

Summarize the implications of China’s EV market growth for global energy security and potential strategies for mitigating risks.