Report: Li-ion Battery Demand to Soar Sixfold

Report: Li-ion Battery Demand to Soar Sixfold

SNE Research projects that demand for lithium-ion batteries will grow significantly over the next decade, driven by increasing demand from electric vehicles, energy storage systems, and consumer electronics.

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Fatkhul Maskur - Bisnis.com

Senin, 27 Mei 2024 | 15:52

Bisnis, JAKARTA — Demand for lithium-ion batteries is projected to grow nearly sixfold, driven by the increasing demand for electric vehicle (EV) sector batteries. According to a report by SNE Research titled “Global LIB Mid/Long-Term Outlook by Application,” total demand for lithium-ion batteries (LIB) for small-size IT applications, xEV, and ESS is expected to reach 5,570 GWh.

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