Factbox-Electric-vehicle batteries: major players and their expansion plans
Information about Factbox-Electric-vehicle batteries: major players and their expansion plans
By Heekyong Yang
SEOUL (Reuters) – The global auto industry’s shift to electric vehicles (EVs) has spurred an expansion race among battery makers and led to a growing skills shortage.
Global EV sales, estimated at 2.5 million vehicles in 2020, is forecast to grow more than 12-fold to 31.1 million by 2030 and account for nearly a third of new vehicle sales, according to consulting firm Deloitte.
Here are major players’ expansion plans in key EV markets of China, the United States and Europe.
As of end-June, the Chinese company had an annual battery production capacity of 65.45 Gigawatt hours (GWh) and an additional 92.5 GWh of capacity under construction.