In 2020, the global demand for electric vehicle batteries is expected to amount to110 gigawatt hours. This value is expected to increase drastically on a global scale, with a predicted demand of 6,530 gigawatt hours in 2050, which is about 600 times the value at the beginning of the forecast period.
Forecast demand for electric vehicle batteries worldwide from 2020 to 2050
(in gigawatt hours)
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The Faraday Institution. (June 17, 2020). Forecast demand for electric vehicle batteries worldwide from 2020 to 2050 (in gigawatt hours) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1129463/forecasted-electric-vehicle-battery-demand-worldwide/
The Faraday Institution. "Forecast demand for electric vehicle batteries worldwide from 2020 to 2050 (in gigawatt hours) ." Chart. June 17, 2020. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1129463/forecasted-electric-vehicle-battery-demand-worldwide/
The Faraday Institution. (2020). Forecast demand for electric vehicle batteries worldwide from 2020 to 2050 (in gigawatt hours) . Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1129463/forecasted-electric-vehicle-battery-demand-worldwide/
The Faraday Institution. "Forecast Demand for Electric Vehicle Batteries Worldwide from 2020 to 2050 (in Gigawatt Hours) ." Statista, Statista Inc., 17 Jun 2020, https://www.statista.com/statistics/1129463/forecasted-electric-vehicle-battery-demand-worldwide/
The Faraday Institution, Forecast demand for electric vehicle batteries worldwide from 2020 to 2050 (in gigawatt hours) Statista, https://www.statista.com/statistics/1129463/forecasted-electric-vehicle-battery-demand-worldwide/ (last visited December 19, 2024)
Forecast demand for electric vehicle batteries worldwide from 2020 to 2050 (in gigawatt hours) [Graph], The Faraday Institution, June 17, 2020. [Online]. Available: https://www.statista.com/statistics/1129463/forecasted-electric-vehicle-battery-demand-worldwide/