Ashgabat energy storage lithium battery factory

Are lithium-based batteries a viable industrial base?

A robust, secure, domestic industrial base for lithium-based batteries requires access to a reliable supply of raw, refined, and processed material inputs along with parallel efforts to develop substitutes that are sustainable and diversify supply from both secondary and unconventional sources.

What is the future of lithium batteries?

The elimination of critical minerals (such as cobalt and nickel) from lithium batteries, and new processes that decrease the cost of battery materials such as cathodes, anodes, and electrolytes, are key enablers of future growth in the materials-processing industry.

What is the global capacity of EV lithium-ion cell manufacturing?

Of the 747 GWh of global EV lithium-ion cell manufacturing in 2020 (FIGURE 3), the U.S. capacity is approximately 8% (about 59 GWh).17 Global cell manufacturing for EVs is anticipated to grow to 2,492 GWh by 2025 with U.S. capacity expected to grow to 224 GWh.

What makes a strong industrial base for lithium-based batteries?

A robust, secure, domestic industrial base for lithium-based batteries requires access to a reliable supply of raw, refined, and processed material inputs for lithium batteries.

How will the lithium-battery market grow in the next decade?

The worldwide lithium-battery market is expected to grow by a factor of 5 to 10 in the next decade.2 The U.S. industrial base must be positioned to respond to this vast increase in market demand that otherwise will likely benefit well-resourced and supported competitors in Asia and Europe.

Should lithium-based batteries be a domestic supply chain?

Establishing a domestic supply chain for lithium-based batteries requires a national commitment to both solving breakthrough scientific challenges for new materials and developing a manufacturing base that meets the demands of the growing electric vehicle (EV) and stationary grid storage markets.