Global gigafactory pipeline hits 300; China dominates but the West gathers pace

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The number of gigafactories in the pipeline has surpassed 300 as the global rush to develop lithium ion battery production capacity continues. There is now 6,387.6 gigawatt hours (GWh) of lithium ion battery capacity in the pipeline as assessed in Benchmark’s May 2022 Gigafactory Assessment, a 68% year-on-year increase. China continues to dominate gigafactory announcements, […]

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