ENERGY MINERALS

S&P projects increased battery cell manufacturing by 2030

In the short term, however, supply will outstrip demand

The "big battery" near Jamestown, South Australia. Credit: Tony Lewis/InDaily

The "big battery" near Jamestown, South Australia. Credit: Tony Lewis/InDaily

S&P Global has estimated that global battery cell manufacturing capacity will reach 7.2TWh in 2030, which is three times the 2023 total and almost double the projected demand of 4TWh. Using data released...

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