Frost & Sullivan Podcasts

Topic Discussed : Global Lithium ion battery production and capacity expansion, forecasts to 2025Speaker: V Naga KarthikKey takeaways:More than 55% of the battery demand*, equal to 34.52 Giga Watt hour (GWh), in 2018 was from AsiaKorean LiB manufacturers LG Chem and SK Innovation will account for more than a fourth of the global LiB production capacity (installed) in 2025Eastern China housed more than 75% of the Lithium-ion battery manufacturing plants in China in 2018Chinese manufacturers CATL and BYD together are expected to dominate the market—compared to Korean manufacturers LG Chem and SK Innovation—in the coming years owing to the huge domestic demand for xEVs and e-buses in ChinaIn Europe, the LiB battery capacity demand from the EV industry is expected to reach more than 200 GWh by 2025The NCM 811 battery chemistry is expected to drive the demand for NCM batteries until solid-state batteries start disrupting the industry (anticipated to occur only after 2025)For further insights, please join us for fu