Planning for efficient battery production is crucial to the EV transition
Across industries, a clean energy revolution is taking shape. Electric vehicles (EVs) are at the center of this movement, showcasing the promise of a greener future. But unlike internal combustion engine (ICE) vehicles, EV manufacturing requires the development of one crucial element – the battery.
The growing demand for electrification and energy storage has led many dedicated battery makers to launch or expand operations by constructing and operating gigafactories. The first gigafactory opened in 2016. By 2030, 400 are planned to be in operation.
