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Capital expenditure in battery components required to meet future demand worldwide in 2030 (in billion U.S. dollars)

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Release date

August 2024

Region

Worldwide

Survey time period

2024

Special properties

Based on a base-case scenario.

Citation formats

Investments needed for battery components demand worldwide 2030

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 22, 2024

By 2030, the expenditure in battery components needed to meet the global demand will reach *** billion U.S. dollars. Projections indicate that over half of it will be invested in the cathode technology. 

Overall, investment needs to meet future battery demand will reach *** trillion U.S. dollars by 2040. 

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Topics

Battery industry in the U.S.Electricity in the U.S.Electric vehicles worldwideRenewable energy in the U.S.Energy storage in the U.S.
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