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Comment by hunterpayne

15 hours ago

1400 GWh of Li-ion batteries would require consuming the entire planets known Li reserves plus a bit more.

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hunterpayne

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defrost  9 hours ago

Got a citation from mining monthly for that?

Meanwhile, on the supply side:

  The sector has also seen its share of oversupply and price drops this year, with surprising reports of a fall below $50/kWh for two-hour battery systems made in China. Nameplate battery manufacturing capacity in China alone reached 2.2 TWh at the end of 2023, almost double the 1.2 TWh of global demand that analyst BloombergNEF (BNEF) is expecting for 2024.

~ https://www.ess-news.com/2025/01/02/the-battery-boom-of-2024...

That's 2,200 GWh produced in China in 2023.

For past / present / future data on Lithium-ion battery manufacturing capabilities, see: Lithium-ion battery manufacturing capacity, 2022-2030 from the IEA - https://www.iea.org/data-and-statistics/charts/lithium-ion-b...