Li-ion battery production is the backbone of the electric vehicle revolution and supply will have to increase significantly over the next few years to support the growth.
Tesla has the most ambitious plan with Gigafactory 1 having the same capacity as the entire industry at a single location, but the world will need 100 of those to transition to electric transport and renewable energy.
A few other companies have now announced similar plans. The latest one is a 50 GWh battery factory in Asia. expand full story