Production capacity of lithium-ion battery factories worldwide 2018-2028

Published by
Mathilde Carlier,
Oct 24, 2023
It is projected that the total production capacity of the world's lithium-ion battery factories will increase from some 290 GWh in 2018 to around 2,000 GWh in 2028. This increasing production capacity will be necessary to meet the growing demand for electric vehicles.

Estimated production capacity of tier 1 to 3 lithium-ion battery factories worldwide in 2018 with a forecast for 2023 and 2028 (in gigawatt hours)

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Release date

June 2021

Region

Worldwide

Survey time period

2018

Supplementary notes

Tier 1: Qualified to supply multi-national electric vehicle (EV) producers outside of China (Tesla, Panasonic, LG Chem, Samsung).
Tier 2: Qualified to supply Chinese EV market/non EV applications (BYD, SK Innovation, CATL).
Tier 3: Unqualified – limited or no track record of cell production (GEELY, Sunwoda, EVE Energy).

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