Commodity Market Report

Global lithium-ion battery supply and demand update: H1 2022

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13 July 2022

Global lithium-ion battery supply and demand update: H1 2022

Report summary

In 2021, global electric vehicle battery deployment grew over 100% to nearly 300 GWh, while global energy storage installations almost tripled year-on-year to reach 28 GWh. Surging demand has driven manufacturing capacity expansion and technology transformation. This report reviews battery manufacturing capacity trends in H1 2022 and forecasts future developments. Technology trends, such as the speed of diversification into LFP batteries, are also reviewed.

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    Global lithium-ion battery supply and demand update - H1 2022_PR.pdf

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    Global lithium-ion battery supply and demand update - H1 2022_Data.xlsx

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