Global battery industry enters new phase, says IEA

The industry will reach the 1 TWh demand milestone in 2024, with China producing more than three-quarters of the batteries sold globally. The concentration of the production chain in the country has led to a fall in costs and a possible technological shift with the focus on LFP batteries. Cooperation between countries can be strategic to diversify the battery production chain and create sustained demand, assesses the International Energy Agency. From pv magazine Brazil The battery industry is entering a new phase of its development, with the global market expanding and technologies gradually standardizing, ...

Den vollständigen Artikel lesen ...