DEMAND for batteries for electric vehicles is rising exponentially globally as the energy transition gathers pace, with a number of gigafactories planned or in development, particularly in the west, reports London's S&P Global.
There is around 3 TWh of combined gigafactory capacity planned in Europe and the US, according to S&P Global data. It remains to be seen how many of these gigafactories will be built as planned and whether there will be enough battery capacity to meet growing EV demand by 2030.
SeaNews Turkey
There is around 3 TWh of combined gigafactory capacity planned in Europe and the US, according to S&P Global data. It remains to be seen how many of these gigafactories will be built as planned and whether there will be enough battery capacity to meet growing EV demand by 2030.
SeaNews Turkey
