Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035
Green Car Congress
JUNE 20, 2023
Demand for lithium ion batteries is forecast to grow to 3.7 Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. Natural and synthetic graphite are forecast by Benchmark to have a combined supply gap of 3.6 The rise of gigafactories.
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