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Benchmark Mineral Intelligence: world battery gigafactory pipeline tops 300; China dominates

Benchmark Mineral Intelligence: world battery gigafactory pipeline tops 300; China dominates

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The variety of gigafactories within the pipeline has surpassed 300; there’s now 6,387.6 gigawatt hours (GWh) of lithium ion battery capability within the pipeline as assessed in Benchmark Mineral Inelligence’s Might 2022 Gigafactory Evaluation—a 68% year-on-year enhance.

China continues to dominate gigafactory bulletins, however North America and Europe have seen vital progress over the previous two years thanks partly to automaker and battery producer joint ventures.

Outdoors of China, North America has seen the quickest progress of any area, including 11 gigafactories to its pipeline since this time final yr. Europe has elevated its pipeline by eight gigafactories over the identical interval.

Joint ventures between automakers and battery firms have been central to this progress. In September 2019, simply one of many 5 North American gigafactories tracked by Benchmark instantly concerned an automaker: Tesla’s Gigafactory 1 in Nevada. Now, 14 of the 23 North American gigafactories within the pipeline are wholly or collectively owned by automakers, representing 81% of the area’s capability pipeline for 2031.

A 3rd of the 30 European gigafactories assessed in Might 2022 concerned an automaker, representing 40% of the continent’s pipeline capability, in comparison with simply one of many 13 gigafactories within the September 2019 evaluation.

China stays the dominant builder of gigafactories, with 226 resulting from be operational by the top of the last decade, making up over 75% of all amenities tracked in Benchmark’s Gigafactory Evaluation.

Gigafactory-global-map

The 300th gigafactory added to Benchmark’s Gigafactory Evaluation is being developed by Chinese language cell producer EVE Power in Chengdu, Sichuan. The $3 billion plant could have a capability of fifty GWh. Benchmark expects the primary 20 GWh section to be operational in 2026 and the complete capability to be on-line in 2029.

In 2031, China is about to have virtually 4,500 GWh of gigafactory capability, representing 70% of world capability.

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