China-has-10x-more-gigafactories-in-the-pipeline-than-europe-and-north-america-combined/
Benchmark Mineral Intelligence Boss Simon Moores says that, while China’s dominance in lithium-ion battery capacity is slowly being chipped away at by the USA and Europe, the country is still on course to have 69.9% of all cell capacity by 2031.
Currently China has 226 Gigafactories in the pipeline, Europe has 30 and the USA has 23.
“China has 10x more Gigafactories than Europe and North America at various stages of production, construction and planning,” Moores tweeted.
“This is an almighty blueprint to build EV electric vehicle dominance from for a generation.”
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