About Analysis of the demand for lithium battery storage
“Our Battery 2030 report, produced by McKinsey together with the Global Battery Alliance, reveals the true extent of global battery demand – and the need for far greater transparency and sustainability across the entire value chain.
Global demand for Li-ion batteries is expected to soar over the next decade, with the number of GWh required increasing from about 700.
The global battery value chain, like others within industrial manufacturing, faces significant environmental, social, and governance (ESG).
The 2030 Outlook for the battery value chain depends on three interdependent elements (Exhibit 12): 1. Supply-chain resilience. A resilient battery value chain is one that is regionalized and diversified. We envision that each region will cover over 90 percent of local.
Some recent advances in battery technologies include increased cell energy density, new active material chemistries such as solid-state batteries, and cell and packaging production.
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