As demand for batteries is forecast to increase over the next few years, so are the needs for investment in the upstream, midstream, and downstream sections of the battery industry. Battery capital expenditure was projected to be highest in the sectors of raw materials extraction and recycling and battery manufacturing.
Capital expenditure required to meet future battery demand worldwide in 2030 and 2040
(in billion U.S. dollars)
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Visual Capitalist. (August 7, 2024). Capital expenditure required to meet future battery demand worldwide in 2030 and 2040 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1487677/projected-capex-for-battery-demand-worldwide/
Visual Capitalist. "Capital expenditure required to meet future battery demand worldwide in 2030 and 2040 (in billion U.S. dollars)." Chart. August 7, 2024. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1487677/projected-capex-for-battery-demand-worldwide/
Visual Capitalist. (2024). Capital expenditure required to meet future battery demand worldwide in 2030 and 2040 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1487677/projected-capex-for-battery-demand-worldwide/
Visual Capitalist. "Capital Expenditure Required to Meet Future Battery Demand Worldwide in 2030 and 2040 (in Billion U.S. Dollars)." Statista, Statista Inc., 7 Aug 2024, https://www.statista.com/statistics/1487677/projected-capex-for-battery-demand-worldwide/
Visual Capitalist, Capital expenditure required to meet future battery demand worldwide in 2030 and 2040 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1487677/projected-capex-for-battery-demand-worldwide/ (last visited December 23, 2024)
Capital expenditure required to meet future battery demand worldwide in 2030 and 2040 (in billion U.S. dollars) [Graph], Visual Capitalist, August 7, 2024. [Online]. Available: https://www.statista.com/statistics/1487677/projected-capex-for-battery-demand-worldwide/