- Building a battery supply chain across Europe and North America | Akin Gump
- Building a Robust and Resilient U.S. Lithium Battery Supply Chain | li-bridge
- The race to decarbonize EV batteries | McKinsey & Company
Building a battery supply chain across Europe and North America | Akin Gump
The demand for batteries is expected to increase dramatically in the coming years, especially with the wider usage of renewable energy sources that require battery storage. To meet this growing demand, it is imperative to manufacture an additional 3,000 gigawatt hours of battery capacity annually by 2025. This would require the construction of more gigafactories, and the scale and significance of this increase cannot be overstated, as the current total yearly manufacturing capacity is only around 500 gigawatt hours.
This report provides a comprehensive overview of the commercial, political, and legal considerations involved in building a battery supply chain in Europe and North America. It takes into account the interests of various stakeholders, including governments, corporates, OEMs, car manufacturers, and investors, in addition to the scale of demand.
Building a Robust and Resilient U.S. Lithium Battery Supply Chain | li-bridge
With the rising use of energy storage systems (ESSs) on the electrical grid and electric vehicles (EVs), demand for lithium batteries is expected to increase rapidly. By 2030, it is anticipated that global and domestic demand will have increased by more than 5 times. Despite this enormous surge, the United States is expected to remain heavily dependent on imports for lithium batteries.
To address this issue, this report presents an action plan to accelerate the development of a robust domestic manufacturing base and supply chain, comprising 26 recommendations to bolster the US lithium battery sector.
The race to decarbonize EV batteries | McKinsey & Company
Although electric vehicles (EVs) are renowned for their low carbon footprint, the production process for their batteries is highly carbon-intensive and accounts for between 40 and 60 percent of overall emissions. As the demand for EVs rises, manufacturers are rushing to find ways to reduce emissions from battery production. Depending on a variety of variables, including design decisions, manufacturing and sourcing regions, and energy sources used for creating battery components, significant reductions in emissions from EV battery production could be achieved in the next five to ten years.
This report focuses on the high carbon footprint of EV battery production and outlines the actions manufacturers can take to reduce emissions. It highlights the need to address this issue to fully realize the low-carbon benefits of EVs and suggests that significant reductions in emissions are possible in the next five to ten years.
