Argonne National Laboratory projects that battery cell production in North America will exceed 1,200 GWh of capacity by 2030.
June 17, 2024
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Argonne National Laboratory projects that battery cell production in North America will exceed 1,200 GWh of capacity by 2030. That is enough to supply 12 to 15 million new EVs annually assuming average battery capacities of 80 to 100 kWh per vehicle. In the United States, much of the battery production is expected to take place near vehicle assembly locations, primarily in the Midwest and Southeast. The close proximity of battery production and vehicle assembly is critical for minimizing shipping time and transport costs for EV manufacturers.
Source: Argonne National Laboratory, Quantification of Commercially Planned Battery Component Supply in North America through 2035, March 2024, Figure 3.