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Bruno Venditti
2024-08-29 19:18:11
www.visualcapitalist.com
See this visualization first on the Voronoi app.
Top Lithium-Ion Battery Producers by 2030
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Lithium-ion batteries are essential for a clean economy due to their high energy density and efficiency. They power most portable consumer electronics, such as cell phones and laptops, and are used in the majority of today’s electric vehicles.
This graphic uses exclusive data from our partner, Benchmark Mineral Intelligence, to rank the top lithium-ion battery producing countries by their forecasted capacity (measured in gigawatt-hours or GWh) in 2030.
China to Keep Dominance
Chinese companies are expected to account for nearly 70% of global battery capacity by 2030, delivering over 6,200 gigawatt-hours. Chinese giant Contemporary Amperex Technology Co., Limited (CATL) alone is forecasted to produce more than the combined output from Canada, France, Hungary, Germany, and the UK.
| Country | 2030F capacity (GWh) | Top producers |
|---|---|---|
 China |
6,268.3 | CATL, BYD, CALB |
 U.S. |
1,260.6 | Tesla, LGES, SK On |
 Germany |
261.8 | Tesla, Northvolt, VW |
 Hungary |
210.1 | CATL, SK On, Samsung |
 Canada |
203.8 | Northvolt, LGES, VW |
 France |
162.0 | Verkor, Prologium, ACC |
 South Korea |
94.5 | LGES, Samsung, SK On |
 UK |
66.9 | Envision, Tata |
Currently, China is home to six of the world’s 10 biggest battery makers. China’s battery dominance is driven by its vertical integration across the entire EV supply chain, from mining metals to producing EVs.
By 2030, the U.S. is expected to be second in battery capacity after China, with 1,261 gigawatt-hours, led by LG Energy Solution and Tesla.
In Europe, Germany is forecasted to lead in lithium-ion battery production, with 262 gigawatt-hours, most of it coming from Tesla. The company currently operates its Giga Berlin plant in the country, Tesla’s first manufacturing location in Europe.
The post Ranked: The Top Lithium-Ion Battery Producing Countries by 2030 appeared first on Visual Capitalist.
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