Cell & Pack Manufacturing

Cell & Pack Manufacturing

Future Li-Ion Battery Production Capacity

Future Li-Ion Battery Production Capacity

Geographic Distribution of Li-Ion Battery Production Capacity (Current & Future) Lithium-ion battery capacity to grow steadily to 2030

RoW USA Europe China

EVs and ESS are the two main applications burgeoning li-ion battery capacity. Investments in battery capacity at Northvolt are robust; recently raising $5B in financing to expand battery capacities.

TWh

Based on current announcements, manufacturing capacity is estimated to reach approximately 7 TWh in 2030, with China accounting for 68.5% of capacity. 4.65

Currently, the majority of the North American and European capacity is focused on NMC chemistries. NA and EU have outlined official guidance over the past year to ensure greater security in the sourcing of these critical minerals and developing a more sustainable supply chain.

Source: IEA (Geographic Cell Production Capacity), S&P Global

Extracted from the PDF; charts and images may read imperfectly.