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20 May
00:10

Battery manufacturing capacity could cross 9 TWh by 2030: IEA

Battery production has been quickly gaining momentum in the past couple of years, thanks to the growing demand from electric car sales. In 2023, battery production reached over 800 gigawatt-hours (GWh), up 45% from 2022, according to a new report by the International Energy Agency (IEA). Capacity additions also increased significantly during the year, with around 780 GWh of cell manufacturing capacity added. These capacity additions were around 25% higher than tha…
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