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TM - A Look At The Top 5 Lithium-Ion Battery Manufacturers In 2019
Toyota Motor Corporation
This article first appeared on Trend Investing on August 1, 20019; therefore all data is as of that date.
No matter which way you look at it, lithium ion ("Li-ion") battery demand is set to surge about 10 fold between 2018 and 2030 (see BNEF chart below). Another way to get a feel is the Benchmark Minerals megafactory data, which as of a July 5 Tweet: "Assessment published at 1,956.6GWh capacity by 2028, increase of 5.25%, now tracking 91 plants." The 91 number was 3 back in Q1 2015, showing how much megafactory demand has