Global Organization
While the lithium-ion battery supply chain will likely remain Chinese-dominated until 2030, a European CRM supply security policy and other global supply diversification policies are picking up. Re-shoring activities create opportunities for Europe to strengthen the resilience of its lithium supply chain and to become more self-sufficient.
The global market for Lithium-ion batteries is expanding rapidly. We take a closer look at new value chain solutions that can help meet the growing demand.
Rising demand for substitutes, including sodium nickel chloride batteries, lithium-air flow batteries, lead acid batteries, and solid-state batteries, in electric vehicles, energy storage, and consumer electronics is expected to restrain the growth of the lithium-ion battery industry over the forecast period.
Their potential is, however, yet to be reached. It is projected that between 2022 and 2030, the global demand for lithium-ion batteries will increase almost seven-fold, reaching 4.7 terawatt-hours in 2030.
Industry-specific and extensively researched technical data (partially from exclusive partnerships). A paid subscription is required for full access. The global demand for lithium-ion battery cells is forecast to increase from approximately 700 gigawatt-hours in 2022 to 4,700 gigawatt-hours in 2030.
The global demand for raw materials for batteries such as nickel, graphite and lithium is projected to increase in 2040 by 20, 19 and 14 times, respectively, compared to 2020. China will continue to be the major supplier of battery-grade raw materials over 2030, even though global supply of these materials will be increasingly diversified.
The mining and refining of key battery metals is highly concentrated in a few countries, heightening potential geopolitical risks. For example, 70% of global lithium is mined …
Projected lithium-ion battery cell demand worldwide 2022-2030. Lithium-ion battery cell demand worldwide in 2022, with a forecast to 2030 (in gigawatt-hours)
From the regional distribution point of view, after years of policy encouragement, China''s rapid development of the lithium battery industry, Panasonic, LG Chem, Samsung SDI and other …
The global lithium-ion battery market size was estimated at USD 54.4 billion in 2023 and is projected to register a CAGR of 20.3% from 2024 to 2030
4 · Franco-Italian automaker Stellantis and Chinese battery giant Contemporary Amperex Technology Co Ltd announced on Tuesday an investment of 4.1 billion euros ($4.3 billion) to …
The rapid development of the lithium battery industry will naturally drive increased demand in related industries, such as the lithium battery equipment manufacturing industry, which is closely related to the lithium …
1.2 Global lithium-ion battery market size Global and European and American lithium-ion battery market size forecast Driving force 1: New energy vehicles Growth of lithium-ion batteries is …
The global demand for lithium-ion battery cells is forecast to increase from approximately 700 gigawatt-hours in 2022 to 4,700 gigawatt-hours in 2030.
Such efforts culminated in the development of the lithium-ion battery, which allowed energy to be stored at a much greater density compared to existing battery …
While the lithium-ion battery supply chain will likely remain Chinese-dominated until 2030, a European CRM supply security policy and other global supply diversification …
innovative battery industry • Climate targets and the electrification trend have caused an unprecedented battery demand − A vast supply-gap parallel to ESG issues creates an …
In 2023, the lithium battery industry in Europe stands at a critical juncture, influenced by both global trends and regional dynamics. Growing Demand for EVs: Europe …
The increase in battery demand drives the demand for critical materials. In 2022, lithium demand exceeded supply (as in 2021) despite the 180% increase in production since 2017. In 2022, …
Importantly, there is an expectation that rechargeable Li-ion battery packs be: (1) defect-free; (2) have high energy densities (~235 Wh kg −1); (3) be dischargeable within 3 h; (4) have charge/discharges cycles greater …
Total battery consumption in the EU will almost reach 400 GWh in 2025 (and 4 times more in 2040), driven by use in e-mobility (about 60% of the total capacity in 2025, and 80% in 2040). …
A. Overview of the development of foreign lithium battery industry . The birth of the first lithium battery began in 1958, but it was actually used in real life in the 1970s. With the continuous ...
Under the current situation of great changes in internat ional finance that has not ... the patents in the lithium battery industry. ... Foreign researchers mostly start from the …
Almost 60 percent of today''s lithium is mined for battery-related applications, a figure that could reach 95 percent by 2030 (Exhibit 5). Lithium reserves are well distributed …
From the regional distribution point of view, after years of policy encouragement, China''s rapid development of the lithium battery industry, Panasonic, LG Chem, Samsung SDI and other …
Lithium is key for global decarbonisation and powering the future. The booming demand and high geographic concentration of this critical raw material (CRM), means that …
European lithium battery industry with broad prospects and uncertainties. In 2022, there are approximately 70GWh of lithium battery be produced in Europe, which is a relatively small number compared to other …