On October 19, McKinsey's latest report shows that it is expected that global automotive battery demand will increase by about 30%by 2030, with a growth rate of nearly 4500GWh per year.
The battery value chain is expected to increase by 10 times from 2020 to 2030, reaching an annual income up to 410 billion US dollars. By 2030, it is expected that 40%of lithium -ion batteries will come from China.
