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EV and battery thread, page-21

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    Rodney Hooper once tweeted an estimate for a 30 GWh battery plant in the US that will use lithium hydroxide. He wrote that it would need about 24K tons lithium carbonate equivalent per year. So 600 GWh would roughly equate to 480K tons of LCE. However, SVOLT will most likely produce batteries with different (lithium based) chemistries. So 480K tons of LCE is only a rough estimate.
    They think global demand would be more than 1.8 TWh in 2025. That would be 1,440,000 tons of LCE per year. This is a bit higher than the latest forecast from Albermarle for example, which was 1.14 million tons of LCE in September.

    Albemarle estimates lithium market to grow at approximately 30% CAGR to 2025 - Green Car Congress

    Last edited by Stephan90: 09/12/21
 
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