article thumbnail

Benchmark Minerals: Europe’s EV gigafactory capacity pipeline to grow 6-fold to 789.2 GWh to 2030

Green Car Congress

Europe has become the fastest growing region for new electric vehicle (EV) lithium-ion battery capacity outside of China, according to Benchmark Minerals. By end-2022, Europe is set to have 7 active lithium-ion battery producers of which the top five by capacity (and gigafactory location) are: LG Chem (Poland): 32 GWh.

article thumbnail

Benchmark: Li-ion battery pipeline could exceed 6 TWh by end of decade

Green Car Congress

Global lithium ion production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade based on current plans, as companies accelerate gigafactory construction in Europe and the US, according to Benchmark Mineral Intelligence. China’s CATL, Panasonic, BYD, Envision AESC, LG Energy Solution, SK Innovation, and Samsung SDI.

Li-ion 199
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

REDDIT STUMBLE UPON MYSPACE MIXX IT Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS ( close ) By Marc Gunther Last Updated: April 13, 2009: 9:29 AM ET Warren Buffett with BYDs E6. BYD CEO Wang Chuan-Fu figured out how to make cheaper batteries than the Japanese by replacing machines with migrant workers.

BYD 62