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

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Just three and a half years ago, Benchmark’s lithium-ion Battery Gigafactory Assessment (September 2018) reported Europe’s battery cell capacity to be at 120GWh by 2030—enough cells for 2.2 Samsung SDI (Hungary): 20 GWh. SK Innovation (Hungary): 7.5 million EVs. Now this planned annual capacity figure stands at 789.2

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UN: world population is expected to reach 9.7 billion in 2050 and could peak at nearly 11 billion around 2100

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In 2018, for the first time in history, persons aged 65 or above outnumbered children under five years of age globally. In Japan this ratio is 1.8, By 2050, one in four persons living in Europe and Northern America could be aged 65 or over. the lowest in the world.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The only exception to this geographical intra-Europe rule was Ukraine, entering the Top 10 in 2016-2018 on the power of grassroots-driven lively market of second-hand EV imports, which seems to have stalled in 2019-2020. Globally ~14k Ioniq BEVs were sold. Domestic sales and market share also advanced, from 1.9% E-buses were deployed.

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Ipsos study finds US among most skeptical of Autonomous Vehicles

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Data is weighted to match the profile of the population. Weighting was then employed to balance demographics to ensure that the sample’s composition reflects that of the adult population according to Census data and to provide results intended to approximate the sample universe.