Announced electric vehicle battery manufacturing capacity by region and manufacturing capacity needed in the Net Zero Scenario, 2021-2030

Last updated 11 Jul 2023

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Sources

IEA analysis announced capacity based on data available as of May 2023 from Benchmark Mineral Intelligence.

Notes

NZE = Net Zero Emissions by 2050 Scenario. Announced capacity includes Tier 1 and Tier 2 battery manufacturers. Manufacturing capacity needed to meet projected demand is estimated using a utilisation rate of 85%.

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