Chinese demand for batteries is expected to amount to some 1.1 million GWh in 2030. Much of this growth is due to the electrification of China's road transportation. China is by far the largest market for electromobility. Many EU countries who have committed to combustion engine phase-out will also substantially increase battery demand in this time-frame.
Global battery demand between 2018 and 2030, by region
(in gigawatt hours)
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World Economic Forum. (September 1, 2019). Global battery demand between 2018 and 2030, by region (in gigawatt hours) [Graph]. In Statista. Retrieved September 22, 2020, from https://www.statista.com/statistics/1103229/global-battery-demand-by-region-forecast/
World Economic Forum. "Global battery demand between 2018 and 2030, by region (in gigawatt hours)." Chart. September 1, 2019. Statista. Accessed September 22, 2020. https://www.statista.com/statistics/1103229/global-battery-demand-by-region-forecast/
World Economic Forum. (2019). Global battery demand between 2018 and 2030, by region (in gigawatt hours). Statista. Statista Inc.. Accessed: September 22, 2020. https://www.statista.com/statistics/1103229/global-battery-demand-by-region-forecast/
World Economic Forum. "Global Battery Demand between 2018 and 2030, by Region (in Gigawatt Hours)." Statista, Statista Inc., 1 Sep 2019, https://www.statista.com/statistics/1103229/global-battery-demand-by-region-forecast/
World Economic Forum, Global battery demand between 2018 and 2030, by region (in gigawatt hours) Statista, https://www.statista.com/statistics/1103229/global-battery-demand-by-region-forecast/ (last visited September 22, 2020)
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