Commodity Market Report
Global lithium-ion battery supply and demand update: Q4 2023
Report summary
This report analyzes the increasing demand of lithium-ion battery in electric vehicles and energy stationary storage systems and forecasts global supply from 2023 out to 2032 based on over 600 battery manufacturing facilities. This report reviews manufacturing capacity trends through battery supply chain and covers the battery component capacity, such as cell, cathode, electrolyte and separators. It also includes capacity investment dynamics of global battery manufactures by region in Q4 2023.
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