As of Dec 2019, the number of lithium ion battery megafactories in the pipeline has reached 115 plants. The world’s leading EV and battery manufacturer added a huge 564GWh of pipeline capacity in 2019 to a global total of 2068.3GWh or the equivalent of 40 million EVs by 2028.
In Jan 2019, Benchmark Minerals’ saw a Lithium-ion Battery Megafactory pipeline of 68 plants with a total capacity of 1.45TWh by 2028.
Europe’s planned 2018 lithium-ion cell battery capacity is now 348GWh.
China plans to add 564GWh by 2028 and has 88 of 115 lithium-ion battery megafactories in the pipeline to 2029.
In 2019, LG Chem had the most lithium battery production capacity at over 50 GWh. LG Chem pis increasing EV battery production capacity to as much as 110GWh by the end of 2020. LG Chem plans to expand to at least 170GWh in 2024.
In December, 2019, LG Chem announced a 30 GWh gigafactory joint venture with GM.
Contemporary Amperex Technology (CATL) had over 40 GWh lithium battery production capacity.
Lithium-ion battery maker Contemporary Amperex Technology Co. Limited (CATL) is building a 14 GWh battery factory in Germany and it should be completed in 2022.
Panasonic is making about 35 GWh of batteries and will ramp up to 54 GWh of production.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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None of this accounts for Teslas goal of producing 2-3 terawatts of battery capacity by 2030 alone. They already have a 10 gigawatt pilot plant producing batteries that are being sold in cars today. Those new batteries are half the cost and have much higher density and cycle life than traditional li-ion batteries.
Tesla is about to take over the world within 5 years.
This article could not have been written any worse. Super confusing data presentation.
Here is the issue. Long term not enough cost-viable mines and sources. The battery makers need other materials (that are not also resource-limited). Seems like a big struggle to meet future demand.
https://www.spglobal.com/en/research-insights/articles/lithium-supply-is-set-to-triple-by-2025-will-it-be-enough
Yes. Many times.
Is the world demand for distilled water really that big?
Whisky would be my choice.
U.K. and French govt says all cars must be electric by 2035… hybrids phased out as well…
Nuclear needs a carbon price of about $100 per tonne in the USA to be viable and about half that in countries that must import natural gas and use coal instead. It isn’t competitive until then.
It’s going fine assuming prices for the recycled components stay high enough
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6582158/
This is a LOT of batteries. Where are we on recycling efforts? Any commercial recycling companies? If we are producing a hundred GWh, we’re eventually going to have to recycle a hundred GWh.
Hmm, I’d overbuild the nuclear output potential and distill water at low demand to cover load pits and mounds.
tesla is primarily a battery technology company. The cars are a showcase for that tech. Spacex, the satellite internet web, roof solar and batteries are Tesla’s future. Show me somebody who is competing with them in any of those fields who is on par. In a couple of months they will disclose another advancement in battery tech and production that will cement their position as leader.
Yeah, any increase in cycles is a HUGE benefit.
That 8% will also help provide peaking for the non-sporadic output of nuclear plants.
The Tesla single crystal batteries demonstrated are good to use in an EV for 3000 cycles (around a million miles). Even after those cycles they can be repurposed for grid usage at like 70% capacity.
EDIT: So 3x the cycles in the EV and 3x more cycles as grid storage and probably good for at least 25 years
I think they only signed an agreement to supply all the batteries that Tesla needs
“Pipeline capacity” is confusing. By this I assume it is planned factory capacity, ones they are working on getting permission for or are building. The last bar chart above only shows about a 60 GWh increase in 2019 over 2018 with 300 GWh total annual production in 2020.
Still, to have 300 GWh in 2020 is quite impressive. If those batteries last ten years then this annual battery production rate will add up to a sustained battery fleet of 3,000 GWh (3 TWh) after ten years. If this capacity is charged and discharged completely 100 times a year then this is 300 TWh of juice stored temporarily each year. So each GWh of annual battery production gives the ability of storing 1 TWh of electricity each year.
If annual battery production goes to 2,000 GWh in 2030 then this will top out at 2,000 TWh if this is maintained for ten years (2040). This is about 8% if the worlds electricity production, which should do much to help the sporadic production of renewables. Probably will need more, but it seems to be ramping up nicely.
Brian has mentioned many times that he owns Tesla stock?
Tesla just bought CATL and another company in China
Plus the Maxwell dry battery company last year.
I think Tesla and Panasonic are in a partnership.
Brian Wang must be now a billionaire with such prolific future predictions. Didn’t see Tesla or the battery demand to buy shares in Tesla then!
I don’t get that Tesla is in the picture. They are buying all their batteries from Panasonic, right? So they have zero cell production by themselves..?