The lithium-ion (li-Ion) battery supply chain is projected to grow to over $400 billion by 2030, as more giga factories emerge all over the world. But there will be a number of notable challenges along the way, according to ALEXEC Consulting.
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Electric mobility is booming in spite of the difficult economic situation and tight global supply chains. As a share of global new car sales, electric vehicles and plug-in hybrids rose from 4.6% (2020) to 9.5% (2021). The trend shows no sign of slowing, with 60% of potential car buyers around the world already considering an electric vehicle as their next car.