Electric vehicle battery demand worldwide by region 2016-2023

Published by
Mathilde Carlier,
Nov 9, 2024

Chinese demand for electric vehicle batteries increased between 2016 and 2023. In 2023, the demand for EV batteries amounted to about 417 gigawatt hours in China. This represented more than half of the global market for electric vehicle batteries that year. 

China is by far the largest market for electromobility, and its electric vehicle industry has also been growing in the past years, influencing the country's demand for EV batteries.

Global electric vehicle battery demand from 2016 to 2023, by leading region or country (in gigawatt hours per year)

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Release date

March 2024

Region

Worldwide

Survey time period

2016 to 2023

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