China global dominance in batteries: how does it affect the US MHI?

SponsorOneCharge Inc.
DateMonday, March 28, 2022
Time11:30 AM - 12:15 PM
LocationTheater I

What You Will Learn

In early 2019 the global lithium cell manufacturing capacity was estimated at 316 gigawatt-hours (GWh). China is home to 73% of this capacity, followed by the U.S., far behind in second place with 12% of global capacity. The gap has not changed much by 2022.
Global capacity is projected to grow robustly by 2025, with forecasts at 1,211GWh of global capacity. Capacity in the U.S. is projected to grow, but slower than global capacity. Thus, the U.S. share of global lithium cell manufacturing is projected to shrink.

Key Takeaways

- How Chinese companies have become the global leaders in batteries production
- How the US and EU are planning to catch up, and what are the chances
- How the US MHI market players will be affected in 5 to10 years


Tim Karimov OneCharge

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