Battery pack factory prospects

How will the factory of the future impact battery production?

We estimate that the factory of the future will reduce conversion costs in battery cell production by 20% to 30% from the 2024 baseline. (See Exhibit 5.) Cost savings can be achieved across the entire production process, with the most significant impacts on electrode production. The economic impact in specific cases depends on several factors:

How can a battery factory become a competitive market?

Optimizing cell factories for next-generation technologies and strategically positioning them in an increasingly competitive market is key to long-term success. Battery cell production capacity globally could exceed demand by as much as twofold over the next five years, making operational efficiency essential to competitiveness.

Who makes the best battery packs?

BYD is another heavyweight in the world of battery packs. With a 15% market share and 192 GWh of shipments, they’ve cemented their position as one of the top 10 power battery cell manufacturers. What sets BYD apart is their versatility. From electric vehicles to energy storage systems, their batteries are everywhere.

Can a risk assessment model predict future battery cell production capacity?

In a study published by Fraunhofer ISI in February (data status 12/2024), a risk assessment model was presented that makes it possible to forecast more realistic future battery cell production capacities in Europe. The approach combines an assessment of individual announcements at project level with a Monte Carlo simulation.