The Lithium-Ion Battery Megafactories Are Coming [Chart]

Lithium Gold Lithium-Ion Battery


Everyone has heard about Tesla’s $5 Billion Gigafactory and its potential to double lithium-ion battery production capacity. However, it turns out that this merely a cog in the wheel of a bigger trend. Data from Simon Moores of Benchmark Mineral Intelligence shows that there are several other large-scale facilities coming online in the next five years that will potentially bring that number substantially higher.

The Lithium-Ion Battery Megafactories Are Coming [Chart]

Source: Visual Capitalist

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