Global Battery Cell Production Capacity:

• Total Capacity: As of 2024, global lithium-ion battery cell production capacity is estimated to be around 1,200 GWh (gigawatt-hours) annually. This figure represents a substantial increase from previous years due to rapid growth in electric vehicle (EV) adoption and infrastructure expansion.

Major Battery Manufacturers:

China

• Contemporary Amperex Technology Co. Limited (CATL)

o Capacity: Approximately 600 GWh by 2025.

o New Developments: CATL is expanding its production capacity with new gigafactories in Europe and Asia.

• BYD