Global efforts to combat climate change are driving a surge in battery investments, reshaping industries. The stability of the worldwide battery supply chain faces risks as the related activities concentrate primarily in China, prompting nations to strengthen their local supply chains. Some countries are boosting domestic assembly and co-locating gigafactories with renewable energy sites. This localization extends to battery manufacturing near EV facilities, and automakers and battery manufacturers co-locating with raw material suppliers causing ripple effects throughout the value chain.
Everstream Analytics is monitoring these changing patterns of global investments in newly announced and developed battery facilities:
Note: Everstream's dataset relies on information available through open sources, media publications, and company press releases. The figures provided are not exhaustive and may be subject to change due to revisions in estimated costs, received subsidies, and adjustments in operating timelines.