Category Archives: Gigafactory

EV battery arms race enters new gear with 115 megafactories, Europe sees most rapid growth

  • Benchmark launches Battery Megafactories Europe 2020 Conference, 17-18 June 2020, Berlin, Germany
  • Europe’s planned lithium ion cell battery capacity surges in 2019 to 348GWh
  • China continues to dominate adding 564GWh by 2028
  • Total lithium ion battery capacity in pipeline equals 39m EVs by 2029

The world has entered a new … Read more

Who is winning the global lithium ion battery arms race?

The rise of electric vehicles (EVs) has caused upheaval in the lithium ion battery industry.

Before Elon Musk announced Tesla’s intention to build the world’s biggest lithium ion battery plant, The Gigafactory 1, lithium ion batteries were somewhat of a cottage industry geared to supplying a mobile consumer market for … Read more

DOWNLOAD: Lithium, cobalt prices enter new period of volatility as era of EV begins; vanadium awaits lithium ion moment

Lithium and cobalt prices are experiencing a new period of volatility as prices crest from post-2010 highs. Both speciality minerals that are key components in an electric vehicle’s lithium ion battery began to see a downward turn in 2018.

The Benchmark World Tour 2018 – the world’s leading investor forum … Read more

Mining Journal’s Top 20 Most Influential People in Mining 2017; Benchmark Mineral Intelligence gets honorable mention

Benchmark Mineral Intelligence received an honorable mention in Mining Journal’s annual ranking of the most influential people in the mining industry for 2017.

China’s premier, Xi Jinping, claimed to top spot with US president Donald Trump, second. Meanwhile Elon Musk, founder and CEO of Tesla, made his first appearance in … Read more

Rise of the lithium ion battery megafactories: what does 2018 hold?

Since Benchmark Mineral Intelligence coined the term Battery Megafactory in 2014 the landscape of the lithium ion battery industry has changed significantly.

Early on, Benchmark noticed a step change in the way battery supply and demand was developing and the corresponding growth in the size of planned cell production plants … Read more

Bigger than Giga: Tesla’s plan for 3 more battery megafactories

Tesla’s latest financial results not only painted a rosy picture for the clean energy crusader in 2016 but also hinted at significant future infrastructure expansions putting further strain on already stretched raw material markets.

In January production of Tesla’s new 2170 cell – which will be used in energy storage … Read more

Gigafactory: 30% of output for Tesla Energy utility batteries

One third of the lithium-ion battery packs produced at Tesla Motors’ Gigafactory in Nevada will be destined for the utility market.

Tesla’s utility storage division, Tesla Energy, has recently started shipping Powerwall, a battery pack for the home, and Powerpack, a commercial storage solution, to customers in US, Germany and … Read more

Tesla’s Elon Musk: More Gigafactory lithium deals to come, potentially Nevada

Tesla Motors’ CEO Elon Musk has admitted the company is pursuing lithium deals in Nevada.

Tesla is looking to add to the conditional deal it struck with Bacanora Minerals / Rare Earth Minerals and Musk was forced to admit last night on Twitter that Nevada projects are being considered.

Last … Read more