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23 Dec
12:10

Asia to continue dominance on battery manufacturing

A boom in battery cell production capacity is expected in Europe and North America towards 2025, but Asia will continue to be the “mother of batteries,” Rystad said in a new report last week. According to the Norwegian consultancy firm, battery manufacturing capacity in Europe and North America will increase to around 0.33 terawatt-hour (TWh) and 0.14 TWh, respectively. Current capacity stands at 61 gigawatt-hour (GWh) and 40 GWh, respectively. Howev…
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