Gigafactory Assessment Methodology
In 2017 Benchmark created its market specific Lithium ion Battery Cell Data Methodology which includes the company’s tier ranking of lithium ion battery producers.
The data and analysis is presented monthly and quarterly in two subscription services
Benchmark’s Lithium ion Battery Gigafactory Assessment
Monthly assessment of the current capacity Forecasted outlook of lithium ion battery capacity on a global basis; tracking all lithium ion cell production facility, greater than 1 GWh, on a plant by plant basis that is active, under construction and in planning.
Benchmark’s Lithium ion Battery Forecast Database
Our most comprehensive database and analysis service for lithium ion batteries detailing the forecasted supply, format and chemistry of every battery cell plant globally and our most comprehensive cell demand forecast.Benchmark’s Lithium ion Battery cell data methodology
Collecting and Assessing the Data
Benchmark collects proprietary lithium ion battery cell data from a global network of industry contacts and uses its in-house expertise to qualify and assess the data before publishing.
Tier Qualification
We assess a lithium ion battery producer’s ability to supply lithium ion battery cells to the electric vehicle (EV) / automotive OEM industry.
Benchmark’s ranking system is used by the automotive industry, institutional investors and governments in their workflow and decision-making process.
Every three months, Benchmark assesses each lithium ion battery cell producer into the following three tiers:
TIER 1:
- Qualified to supply multinational automotive OEMs / EV producers outside of China
- >5 GWh of annual cumulative capacity (equivalent at time of assessment)
- Assessed every 3 months
TIER 2:
- Not yet qualified to supply multinational automotive OEMs / EV producers outside of China
- Qualified to supply domestic Chinese EV manufacturers
- Qualified to supply non EV applications
TIER 3:
- Not yet qualified to supply EV end markets
- >1GWh of annual cumulative capacity (equivalent at time of assessment)
- Primary focus: non xEV markets including portable and stationary