Slowing EV Demand and Rising Costs Weigh On Global Battery Investment

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Battery Investments Nouvelles

Lithium-Ion Batteries,Electric Vehicles,China's Battery Industry

Global battery investments experience a downturn in 2024, driven by China's market consolidation and shifting demand dynamics in Europe and the US.

Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research.

Collaboration across the entire supply chain is crucial for the industry's health Duo Fu, Vice President, Battery Market Research, Rystad Energy Learn more with Rystad Energy’s Batteries Solution. China’s domestic industry is undergoing consolidation as it aims to offer higher-quality battery products in the form of diversified technological advancements.

 

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