[New] By propulsion type, the battery electric segment is expected to witness significant growth between 2025 and 2034.
Precedence Research
[New] Recycled material could potentially provide one-third of United States cathode material needs for lithium-ion batteries by 2030.
Ennovi
[New] Reusing second-life lithium-ion EV batteries within existing power grids could surpass 200 gigawatt-hours per year by 2030.
Ennovi
[New] By 2040, recycled materials from spent batteries could reduce the need for new primary mining of key minerals by about 10%.
Anern
[New] The volume of spent EV and storage batteries will surge after 2030.
Anern
[New] Manufacturers are anticipating regulations that will require devices to have user-replaceable batteries by 2027.
Bez Kabli
[New] BMW's €10+ billion Neue Klasse strategy targets EV leadership with faster charging, lower battery costs, and 40+ models by 2027.
Ainvest
[New] By 2025, large-scale recycling technologies will help reclaim significant volumes of lithium to be reintegrated into new batteries and energy storage systems.
Farmonaut
[New] By 2025, China is expected to control more than 60% of the world's lithium-ion battery production capacity.
Farmonaut
[New] Battery recycling might expand post-2030 as old EV batteries reach their end, potentially lowering primary lithium requirements.
Bizclik Media Ltd
[New] Canada is forecasted to supply over 15% of global nickel demand for EV batteries by 2025.
Farmonaut
[New] Battery storage, driven by declining costs, is on track to expand from 22 GWh in 2024 to about 120 GWh by 2029, supporting deeper renewables integration.
Global Energy Monitor
[New] Over the next five years, demand for lithium-ion batteries for everything from personal electric devices to grid-scale energy storage is expected to grow dramatically.
AZOM
Battery Growth: The International Energy Agency projects that VRFB installations could triple by 2030, creating a new, sustained demand center for vanadium.
AlloyIndex
Electric vehicle battery demand alone is projected to increase by 500% by 2030, requiring massive expansion of mineral production.
Discovery Alert
Europe will need to keep import tariffs to facilitate learning in the face of the transition to electric vehicles and battery technology.
CEPR
The joint HIPOBAT project will strengthen Franco-German battery cooperation in developing high-performance batteries.
elysee.fr
Last updated: 14 September 2025
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