Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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By mmillikinJun 20, 2023, 9:00 am728 ptsHot
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Demand for lithium ion batteries is forecast to grow to 3.7 terawatt-hours by 2030, up from around 1 TWh this…

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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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