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Battery production in Europe will catch up despite construction and raw material bottlenecks. (Image: Northvolt AB)
Düsseldorf/Munich (energate) - The management consultancy McKinsey expects global battery demand to increase almost sevenfold. With an annual growth of 30 per cent, the global market will grow from 700 million kWh today to 4,700 million kWh to date. This is the result of a joint market analysis by McKinsey and the global battery alliance. The authors of the study "Battery 2030: Resilient, sustainable, and circular" believe that demand is growing faster "than ...
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