<2024> Global Outlook for Expansion of LIB Production Lines (~2035)
* DB ver. is also available for purchase (provided in Excel file incl.
raw data)
However, despite the increase in
secondary battery supply due to China’s aggressive expansion of production
capacity in 2021, the end of China’s electric vehicle subsidies in 2023 and the
electric vehicle chasm have led to a failure in forecasting demand, and the
electric vehicle super cycle has reached a stagnation stage. The electric
vehicle market growth, which has slowed down faster than expected, is making
aggressive investments by battery companies (including three domestic
companies) and material companies meaningless.
Such unstable market trends make it
difficult to predict growth. In order to respond to the rapidly changing market
and reduce risks of companies, it would be helpful to understand manufacturers’
expansion plans and comprehensively analyze them along with market demand.
This report provides a summary of the
current status and production capacity of global secondary battery
manufacturers. It also summarizes the battery internalization trends of major
automakers and policies for expanding secondary battery industry capacity by
region.
We hope this report will be helpful to those in
the secondary battery industry.
Strong
points of this report
(1) Analysis of the expansion status and
outlook of global LIB manufacturers
You can find detailed information on the
production bases of LIB manufacturers in Korea, China, Japan, North America,
and Europe, as well as the current status of each manufacturer.
(2) Analysis of mid-to-long term supply &
demand outlook
Based on production capacity and plans,
you can identify LIB supply up to 2035 and predict supply and demand outlook.
(Supply
and demand data is available in detail by cathode material type, region, and
form factor.)
(3) Battery internalization trends of
car OEMs and regional policies
You can
understand the battery internalization trends of car OEMs and policies of the
electric vehicle and battery production in China, North America, and Europe.
1 Global Automobile & Electric Vehicle
Market Trends
1.1 Global Automobile Market Outlook
1.2 Sales Size of Global Passenger Car
Market
1.3 Sales Size of Automobile by Region
1.4 Sales Proportion of Automobile by Region
1.5 Global Electrification Outlook
1.6 Electrification Outlook by Region
1.6.1 USA
1.6.2 Europe
1.6.3 China
1.6.4 Japan
1.6.5 Korea
2 Outlook for Expansion of LIB Production
Lines by Manufacturers
2.1 LIB Line Expansion Outlook of Korean
Manufacturers
2.1.1 LIB Market Status in Korea
2.1.2 Expansion Outlook by Region
2.1.3 Expansion Outlook by Form Factor
2.1.4 Expansion Outlook by Cathode Material
2.1.5 Production Capacity for IT (small-sized
battery)
2.1.6 Production Capacity for EV/ESS
2.1.7 Line Expansion Outlook by Korean
Manufacturers
2.1.7.1
LGES
2.1.7.2
SDI
2.1.7.3
SK On
2.2 LIB Line Expansion Outlook of Chinese
Manufacturers
2.2.1 LIB Market Status in China
2.2.2 Expansion Outlook by Region
2.2.3 Global Market Entry Trends
2.2.4 Regional Production Capacity in China
2.2.5 Expansion Outlook by Form Factor
2.2.6 Production Capacity of Chinese
Manufacturers
2.2.7 Line Expansion Outlook by Chinese
Manufacturers
2.2.7.1
CATL
2.2.7.2
BYD
2.2.7.3
Gotion
2.2.7.4
Lishen
2.2.7.5
Farasis
2.2.7.6
Great Power
2.2.7.7
DFD New Energy
2.2.7.8
Ganfeng Li Energy
2.2.7.9
EVE Energy
2.2.7.10
SVOLT
2.2.7.11
CALB
2.2.7.12
BAK
2.2.7.13
REPT
2.2.7.14
Sunwoda
2.2.7.15
JEVE
2.2.7.16
Envision AESC
2.2.7.17
Zenergy
2.2.7.18
EIKTO
2.2.7.19
Phylion
2.2.7.20
Narada
2.2.7.21
MGL
2.2.7.22
Gree Titanium
2.2.7.23
Tesson New Energy
2.2.7.24
SZZNP
2.2.7.25
Wanxiang 123
2.2.7.26
Tianneng
2.2.7.27
ATL
2.2.7.28
Soundon
2.2.7.29
evps Ningbo
2.2.7.30
Star Energy
2.2.7.31
Coslight
2.2.7.32
Camel
2.2.7.33
Far East Battery
2.3 LIB Line Expansion Outlook of Japanese
Manufacturers
2.3.1 LIB Market Status in Japan
2.3.2 Expansion Outlook by Region
2.3.3 Expansion Outlook by Form Factor
2.3.4 Production Capacity for IT (small-sized
battery)
2.3.5 Production Capacity for EV/ESS
2.3.6 Line Expansion Outlook by Japanese
Manufacturers
2.3.6.1
Panasonic
2.3.6.2
PPES
2.3.6.3
Murata
2.3.6.4
PEVE
2.3.6.5
LEJ
2.3.6.6
BEC
2.3.6.7
VEJ
2.3.6.8
Others
2.4 LIB Line Expansion Outlook of N/American
Manufacturers
2.4.1 LIB Market Status in N/America
2.4.2 Expansion Outlook by Region
2.4.3 Expansion Outlook by Region (incl.
companies outside US)
2.4.4 Trends in the proportion of countries
entering the N/American market
2.4.5 Expansion Outlook by Form Factor
2.4.6 Production Capacity of N/American
Manufacturers
2.4.7 Line Expansion Outlook by N/American Manufacturers
2.4.7.1
Tesla
2.4.7.2
Microvast
2.4.7.3
Statevolt
2.4.7.4
Others
2.5 LIB Line Expansion Outlook of European
Manufacturers
2.5.1 LIB Market Status in Europe
2.5.2 Expansion Outlook by Country of European
Companies
2.5.3 Expansion Outlook by Region
2.5.4 Expansion Outlook by Region (incl.
companies outside Europe)
2.5.5 Expansion Outlook by Form Factor
2.5.6 Production Capacity of European
Manufacturers
2.5.7 Line Expansion Outlook by European Manufacturers
2.5.7.1
Northvolt
2.5.7.2
Leclanché
2.5.7.3
ACC
2.5.7.4
PowerCo
2.5.7.5
BMZ (Terra E)
2.5.7.6
Blue Solutions (Bolloré)
2.5.7.7
InoBat
2.5.7.8
Itavolt
2.5.7.9
West Midlands Gigafactory
2.5.7.10
Verkor
2.5.7.11
MORROW
2.5.7.12
Renera Rosatom
2.5.7.13
Cellforce
2.5.7.14
Basquevolt
2.5.7.15
Freyr
2.5.7.16
Others
3 LIB Mid/Long-Term Supply & Demand
Outlook (~'35)
3.1 LIB Demand Outlook
3.1.1 xEV+ESS+IT
3.1.2 Mid/Large xEV+ESS
3.1.3 Mid/Large xEV+ESS (by Region)
3.2 LIB Supply Outlook
3.2.1 xEV+ESS+IT (Design Capa)
3.2.2 xEV+ESS+IT (OEE 70%)
3.2.3 xEV+ESS+IT
3.2.4 Mid/Large xEV+ESS
3.2.5 IT
3.2.6 Mid/Large xEV+ESS (by Region, OEE 70%)
3.2.7 Mid/Large xEV+ESS (by Form Factor, OEE
70%)
3.3 LIB Supply & Demand Outlook
3.3.1 Mid/Large xEV+ESS (Global, OEE 70%)
3.3.2 Mid/Large xEV+ESS (N/America, OEE 70%)
3.3.3 Mid/Large xEV+ESS (Europe, OEE 70%)
3.3.4 Mid/Large xEV+ESS (China, OEE 70%)
4 Trends in Battery Internalization of Car
OEMs
4.1 Volkswagen
4.2 Daimler
4.3 BMW
4.4 Tesla
4.5 Stellantis
4.6 Hyundai Motor Company
4.7 TOYOTA
5 EV/Battery Production Policy Trends by
Region
5.1 China
5.1.1 Announcement of LIB Industry Standard
Conditions in 2024 (Draft)
5.2 Promotion Status of Expanding the
Adoption of EV
5.3 N/America
5.3.1 Inflation Reduction Act (IRA)
5.3.2 Biden’s Electric Vehicle Policy
5.4 Europe
5.4.1 EU Battery Regulation
5.4.2 Critical Raw Materials Act (CRMA)
5.4.3 EU’s ‘Fit for 55’