Global demand for lithium-ion batteries will climb to 2,045GWh by 2030 as electric vehicle sales dramatically accelerate, BloombergNEF projects. This would mark a 954% increase over current demand as measured in gigawatt-hours.
The change will focus greater attention on supply chains and processing capacity for battery components. Materials used in battery production include cathodes, anodes, separators, and electrolytes. Key battery metals include lithium, nickel and cobalt.
To contact the author:
To contact the editor responsible for this article:
© 2021 Bloomberg L.P. All rights reserved. Used with permission.
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.