Financing the battery arms race: the $514 billion cost of bridging the global EV supply chain divide
Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark.
Demand for lithium ion batteries is forecast to grow to 3.7 terawatt-hours by 2030, up from around 1 TWh this year. Most of this growth is driven by an ever increasing demand for electric vehicles…
Funny what can be seen moving forward as we experience little investment or mine development to fuel these global EV supply chain issues. Todays fiat money is too busy slushing around chasing high risk no value stocks, technology and Cryptos plays.
“D’oh”