It is projected that the total production capacity of the world's lithium-ion battery factories will increase from some 290 GWh in 2018 to around 2,000 GWh in 2028. This increasing production capacity will be necessary to meet the growing demand for electric vehicles.
Estimated production capacity of tier 1 to 3 lithium-ion battery factories worldwide in 2018 with a forecast for 2023 and 2028
(in gigawatt hours)
Characteristic
Tier 1
Tier 2
Tier 3
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Tier 1: Qualified to supply multi-national electric vehicle (EV) producers outside of China (Tesla, Panasonic, LG Chem, Samsung).
Tier 2: Qualified to supply Chinese EV market/non EV applications (BYD, SK Innovation, CATL).
Tier 3: Unqualified – limited or no track record of cell production (GEELY, Sunwoda, EVE Energy).
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whitehouse.gov. (June 14, 2021). Estimated production capacity of tier 1 to 3 lithium-ion battery factories worldwide in 2018 with a forecast for 2023 and 2028 (in gigawatt hours) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1247625/global-production-capacity-of-lithium-ion-battery-factories/
whitehouse.gov. "Estimated production capacity of tier 1 to 3 lithium-ion battery factories worldwide in 2018 with a forecast for 2023 and 2028 (in gigawatt hours)." Chart. June 14, 2021. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1247625/global-production-capacity-of-lithium-ion-battery-factories/
whitehouse.gov. (2021). Estimated production capacity of tier 1 to 3 lithium-ion battery factories worldwide in 2018 with a forecast for 2023 and 2028 (in gigawatt hours). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1247625/global-production-capacity-of-lithium-ion-battery-factories/
whitehouse.gov. "Estimated Production Capacity of Tier 1 to 3 Lithium-ion Battery Factories Worldwide in 2018 with a Forecast for 2023 and 2028 (in Gigawatt Hours)." Statista, Statista Inc., 14 Jun 2021, https://www.statista.com/statistics/1247625/global-production-capacity-of-lithium-ion-battery-factories/
whitehouse.gov, Estimated production capacity of tier 1 to 3 lithium-ion battery factories worldwide in 2018 with a forecast for 2023 and 2028 (in gigawatt hours) Statista, https://www.statista.com/statistics/1247625/global-production-capacity-of-lithium-ion-battery-factories/ (last visited July 27, 2024)
Estimated production capacity of tier 1 to 3 lithium-ion battery factories worldwide in 2018 with a forecast for 2023 and 2028 (in gigawatt hours) [Graph], whitehouse.gov, June 14, 2021. [Online]. Available: https://www.statista.com/statistics/1247625/global-production-capacity-of-lithium-ion-battery-factories/
