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. Global investment in technologies to help the energy transition reached a record $1.3 Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle.
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