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Battery production capacity is becoming more decentralized, as countries with large production capabilities stay somewhat stagnant but other countries build fac
by kbenson 4y ago
Battery production capacity is becoming more decentralized, as countries with large production capabilities stay somewhat stagnant but other countries build factories. China's percentage of world battery production is expected to drop over the next few years while most other countries are expected to increase production capacity.[1] See Tesla's investment in the gigafactory or Panasonic's investment in battery manufacturing in Kansas for examples of this happening. Germany specifically, since you mention it, is expected to surge quite a bit in the global battery market.
1: https://www.statista.com/statistics/1249871/share-of-the-global-lithium-ion-battery-manufacturing-capacity-by-country/ https://www.statista.com/statistics/1249871/share-of-the-glo...
P.S. I suggest opening the statista link in a private tab, I just noticed the second time you visit it you are paywall blocked.