Lithium-The Fuel Of The Green Revolution -Activemarket.io
The shift to clean energy has created an opportunity for energy metals. The exponential rise of clean energy has continue to gain momentum, which is a boon for energy metals producers and explorers.
For clean energy to be useful, the efficient storage of energy is paramount. Advanced batteries allows cars to run without fossil fuel, and batteries will allow renewable energy to be stored when the sun is not shining, and the wind is not blowing. In recent years, lithium-ion batteries have emerged as the most widely used choice for energy storage.
Lithium-ion batteries are gaining prominence as one of the fastest-growing batteries in the global EVs market. As a result, the rising use of lithium-ion batteries for EVs is further expected to accelerate the global lithium carbonate market growth in the forthcoming years.
China Battery Factory Capacity on Track for 16 Million EVs by 2025
China is charging full speed ahead into electric vehicles, on track to sell over 2 million EVs this year, from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. With EVs continuously improving and getting more affordable, there’s a clear path to EVs taking 50% of market share in China by 2025.
Around 66% of the world’s battery production capacity — in any given year — will be in China. If we statistically derive the pipeline capacity 2025, this puts us just under 800 GWh annual battery capacity planned for production in China by that date.
This market market report will help clients identify opportunities and design strategies by providing a comprehensive analysis of the energy metals market and offering information on key areas for growth.
PART 01: EXECUTIVE SUMMARY
PART 02: MARKET LANDSCAPE
PART 03: MARKET SIZING
Market size and forecast 2018-2025
PART 04: MARKET SEGMENTATION BY APPLICATION
Comparison by application
Batteries - Market size and forecast 2018-2025
Others - Market size and forecast 2018-2025
Market opportunity by application
PART 05: GEOGRAPHIC LANDSCAPE
APAC - Market size and forecast 2018-2025
North America - Market size and forecast 2018-2025
Europe - Market size and forecast 2018-2025
Key leading countries
PART 06: MARKET TRENDS
Capacity expansions to accelerate market growth
Growing use of renewable energy
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