Advanced Batteries & Energy Storage Research
Feb 1, 2023
Gigafactories - Can Europe and US Catch Up to China?
Given the rapid increase in forecast demand for Li-ion batteries, there has been significant growth in the number of gigafactories being planned and announced over the past 2-3 years. IDTechEx analysis shows that current plans and announcements for new cell production capacity will reach 3 TWh by 2030.