VFBATTERY REPORT

Cell & Pack Manufacturing

Pages 40–68 (29 pages)

Battery Report 2023, page 42: Cell & Pack Manufacturing
Text on page 42

Cell & Pack Manufacturing

Future Li-Ion Battery Production Capacity

Future Li-Ion Battery Production Capacity

Peak Demand & Production Capacity Net Zero Policy: The Gating Factor The Net Zero Emissions by 2050 Scenario (NZE Scenario) is a normative scenario that shows a pathway for the global energy sector to achieve net zero CO2 emissions by 2050, with advanced economies reaching net zero emissions in advance of others. This scenario also meets key energy-related Sustainable Development Goals (SDGs), in particular universal energy access by 2030 and major improvements in air quality. It is consistent with limiting the global temperature rise to 1.5 °C (with at least a 50% probability), in line with emissions reductions assessed in the Intergovernmental Panel on Climate Change (IPCC)’s Sixth Assessment Report. Sales of new internal combustion engine (ICE) automobiles are halted in 2035 in the Net Zero Emissions by 2050 Scenario (NZE Scenario). It remains to be seen which governments will adopt and enforce the NZE Scenario and how that will ultimately determine the timing of peak battery demand and peak production capacity. Source: RMI X-Change Batteries,

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