Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030
Green Car Congress
AUGUST 5, 2023
Benchmark’s high case scenario forecasts that 7.0 TWh of batteries will be needed in 2030, compared to 3.9 With the amount of lithium production forecast by Benchmark for 2030, only 3.2 TWh of lithium ion batteries can be produced, highlighting that the mineral is a constraining factor. million EVs. TWh in the high case.
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