Lithium-ion battery production goes global
31 May 2022
The latest research into the fast-moving lithium-ion battery market offers a dual-track focus: a look at the battery market from a supply and demand perspective, alongside a detailed look at battery manufacturing machinery. Here, Maya Xiao, Senior Analyst at Interact Analysis – and one of the authors of a new report on the topic – shares her thoughts on the topic.
Why are you doing this research now?
For two reasons. First, lithium-ion battery manufacturing has gone global in recent years. Previously, production was concentrated in APAC, where the main market also was. But in the past couple of years, electric vehicle manufacturing has taken off in the EU and in America and, as a result, we are seeing battery manufacturers springing up across these regions. It’s a global boom time for the lithium-ion battery industry, and we need to assess the state of this burgeoning market.
Read the full article in DPA's June issue
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