It is projected that the lithium-ion battery demand for electric vehicles will reach approximately 2.5 terawatt-hours by 2028. By comparison, the battery demand for stationary storage will be around 0.3 terawatt-hours.
Projected lithium-ion battery demand worldwide from 2024 to 2028, by application
(in terawatt-hours)
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Bloomberg. (August 13, 2024). Projected lithium-ion battery demand worldwide from 2024 to 2028, by application (in terawatt-hours) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/1488191/projected-demand-of-lithium-ion-batteries/?__sso_cookie_checker=failed
Bloomberg. "Projected lithium-ion battery demand worldwide from 2024 to 2028, by application (in terawatt-hours)." Chart. August 13, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/1488191/projected-demand-of-lithium-ion-batteries/?__sso_cookie_checker=failed
Bloomberg. (2024). Projected lithium-ion battery demand worldwide from 2024 to 2028, by application (in terawatt-hours). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/1488191/projected-demand-of-lithium-ion-batteries/?__sso_cookie_checker=failed
Bloomberg. "Projected Lithium-ion Battery Demand Worldwide from 2024 to 2028, by Application (in Terawatt-hours)." Statista, Statista Inc., 13 Aug 2024, https://www.statista.com/statistics/1488191/projected-demand-of-lithium-ion-batteries/?__sso_cookie_checker=failed
Bloomberg, Projected lithium-ion battery demand worldwide from 2024 to 2028, by application (in terawatt-hours) Statista, https://www.statista.com/statistics/1488191/projected-demand-of-lithium-ion-batteries/?__sso_cookie_checker=failed (last visited February 19, 2025)
Projected lithium-ion battery demand worldwide from 2024 to 2028, by application (in terawatt-hours) [Graph], Bloomberg, August 13, 2024. [Online]. Available: https://www.statista.com/statistics/1488191/projected-demand-of-lithium-ion-batteries/?__sso_cookie_checker=failed