Fraunhofer ISI sees European battery cell production capacities increasing tenfold by 2030
Post date: 20/07/2022 - 15:44
The Fraunhofer Institute for Systems and Innovation Research ISI has updated its regular forecasts of battery cell production capacities emerging in Europe, prepared on behalf of the German government. The report concludes that production capacities will amount to 1.5 terawatt hours of storage capacity by 2030. That would represent a tenfold increase over today’s level and about a quarter of the capacities announced worldwide by then. Around 400 gigawatt hours (GWh), or a good quarter of Europe’s production capacity, is planned in Germany.
The report covers factories announced by foreign companies as well as projects by European firms for all sectors, i.e. electromobility as well as stationary storage and other applications. Capacities of up to 124 GWh could be reached during the course of this year, but are expected to quadruple to just over 500 GWh by 2025 and then triple again by 2030. The sites are located in at least 15 European countries. Automakers such as VW or Mercedes-Benz play a major role, but also established battery manufacturers such as Saft or relatively new players such as Northvolt. In addition, there are large factories planned by non-European companies such as CATL, LG, Samsung or Tesla.