Battery and battery material production capacity outside China, 2030

Sources

IEA analysis based on BloombergNEF and Benchmark Minerals Intelligence.

Notes

LFP = Lithium iron phosphate. Ni-based = nickel-based cathodes. Cathode precursors includes both Ni-based and LFP precursors. 2030 manufacturing capacity accounts for the installed 2024 capacity plus the committed battery manufacturing capacity by 2030, including projects that are under construction or that reached final investment decision.