Commodity Market Report
Global lithium-ion battery supply and demand: Q2 2024
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Report summary
This report analyzes the increasing demand of lithium-ion batteries in electric vehicles and energy stationary storage systems, and forecasts global supply from 2023 out to 2033 based on over 600 battery manufacturing facilities. The report reviews manufacturing capacity trends through the battery supply chain and covers battery component capacity, including cell, cathode, electrolyte and separators. It also includes capacity investment dynamics of global battery manufacturers by region in Q2 2024.
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