Electric Vehicles And The Demand For Batteries Have Increased Sharply

According to foreign media reports, a report released by the EU's NGO Transport & Environment (T&E) in June showed that the total number of super battery factories built or under construction in existing projects in Europe reached 38. The output is 1,000GWh, which is equivalent to the production of 16.7 million batteries for pure electric vehicles.

According to reports, 38 electric car battery super factories under construction or planned in Europe, 17 of 38, have already confirmed funding, with an estimated maximum of 30 billion U.S. dollars; the other 10 have also confirmed partial financing and financial support. The investment is expected to be no less than 16.8 billion U.S. dollars; the remaining 11 have also been announced, but there is still a lack of firm commitments in terms of site selection, planned production capacity and investment.

With the completion of 38 super factories, the output of electric vehicle batteries in Europe will also increase significantly. It is expected to produce 462GWh in 2025 and increase to 1144GWh in 2030, which is 13 times the 87GWh expected to be supplied this year. Europe itself The supply capacity of electric vehicle batteries in China will be significantly enhanced.