RSS SubscribeCharted: Investment Needed to Meet Battery Demand by 2040
By Bruno Venditti – Visual Elements
With the growth of battery-powered devices, from smartphones to electric vehicles and energy storage systems, investment in the battery sector is expected to surpass $1.6 trillion by 2040.
This graphic shows the latest forecasts from our exclusive data partner, Benchmark Mineral Intelligence, to show the total capital expenditure (capex) requirements to build capacity to meet future battery demand by 2030 and 2040. Forecasts are current as of July 2024.
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#ElectricVehicles #EnergyStorage #Battery