Battery gigafactory plans accelerate in 2022 as planned capacity tops 8 TWh

Investment in battery gigafactories accelerated in 2022, with the amount of global lithium ion production capacity due to come online by 2031 rising by 60% to over eight terawatt-hours, as the US caught up to Europe in terms of plants under construction. Lithium ion battery production in the pipeline increased by 3,016 gigawatt-hours this year […]