Global battery arms race: 200 gigafactories; China leads

The global battery arms race has stepped up a gear in 2021 with Benchmark Mineral Intelligence now tracking 200 super-sized lithium ion battery cell plants in the pipeline to 2030.

Chinese automaker Geely announced plans in March for a new 42 GWh cell base in Ganzhou, Jiangxi Province in China and is officially listed as Benchmark’s 200th entry into our Lithium Ion Battery Megafactory Assessment - a monthly subscription service.

This also brings the total capacity in the pipeline for 2030 to 3.4TWh, which is set to increase from 755 GWh of global capacity in 2020.

The global . . .

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