According to industry expert, battery production could reach 6 TWh by 2030

  1. LG Energy Solutions plans to invest $1.4 billion to build a 11 GWh cell plant in Arizona, and Mercedes-Benz, in partnership with Envision AESC, plans to set up a 30 GWh plant in Kentucky.
  2. China’s EVE Energy has announced plans to establish its first European battery plant, with an estimated capacity of 30 GWh, in Debrecen, Hungary.
  3. EV-maker BYD plans two new cell plants in the Chinese provinces of Zhejiang and Guangxi, with combined capacity of 67 GWh.

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