Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035
Green Car Congress
JUNE 20, 2023
This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. Global investment in technologies to help the energy transition reached a record $1.3
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