Graphite powder (L) and NCM powder made from nickel, copper and magnesium, which are used to make the anodes and cathodes of lithium-ion batteries, are displayed in the showroom at the Z Site production center of Chinese EV battery maker CATL (Contemporary Amperex Technology Co., Limited) in Ningde, in southeast China's Fujian province on November 15, 2024. (Photo by GREG BAKER / AFP) (Photo by GREG BAKER/AFP via Getty Images)