Insight
Battery supply chain modelling: A new perspective
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The lithium-ion battery supply chain faces structural oversupply across raw materials, cathode active material (CAM), and cells. Cathode inventories have peaked but remained elevated. China's anti-involution measures aim to curb overcapacity but face limited impact in the consumer-driven EV market. Wood Mackenzie's new first-use methodology — derived directly from production data rather than end-use battery demand — results in an uplift to historical and forecast demand for cathodes, lithium, nickel, cobalt, and manganese. While oversupply is expected to persist through the next decade, the gap between CAM production and end-use demand should narrow progressively as the market corrects.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global Upstream Update: September 2026
Key themes: novel resource capture strategies, growth opportunities but with caveats, and tougher expansion challenges reveal themselves.
$1,350
Insight
Heavy rare earths: How stable is China’s monopoly?
China controls refined HREE supply and will stay dominant this decade, but diversification efforts are gaining ground
$1,050
Insight
Beyond the benchmark - regional divergence in graphite pricing
Wood Mackenzie is launching two new graphite price series - FOB East Africa and CIF North America - as supply chain diversification grows.
$1,050
