Powering the future: Battery Manufacturing for Electric Vehicle Batteries
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Stage 2: Battery Manufacturing
In order to meet projected demand for EVs, batteries will need to be manufactured in much larger quantities. Higher production levels will help economies of scale to be realised, ultimately reducing the price and hence driving the take-up of EVs. There is significant opportunity for corporates and financial investors to invest in the development of EV battery plants all over the world, supported not just by projected demand, but also by policy and regulatory activity to support such investment.
China accounts for
of the world's battery manufacturing capacity
Opportunities and challenges
"More broadly, we expect to see more joint ventures and other forms of combination and cooperation in this space as mining enterprises, battery manufacturers and car manufacturers that seek to source batteries come together. This opens a whole host of new opportunities and challenges."