Nine companies control half of gigafactory capacity as pipeline exceeds 7 TWh

The global capacity of lithium ion battery gigafactories is set to surpass seven terawatt hours (TWh) by 2031, according to Benchmark’s Gigafactory Assessment. This milestone comes just four months after the ten-year pipeline exceeded six TWh in April. BYD last month announced a 30 GWh gigafactory in Yichun, China, tipping the pipeline capacity for the […]