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UK/US: BNEF forecasts EV battery overcapacity

Total worldwide manufacturing capacity of lithium-ion batteries for electric vehicles will greatly exceed supply unless demand by automotive OEMs increases significantly in the short term, according to new research by Bloomberg New Energy Finance. As a result of the overcapacity, BNEF believes battery prices are poised to fall. OEMs Subscribe to Automotive World to continue … Continued

Total worldwide manufacturing capacity of lithium-ion batteries for electric vehicles will greatly exceed supply unless demand by automotive OEMs increases significantly in the short term, according to new research by Bloomberg New Energy Finance. As a result of the overcapacity, BNEF believes battery prices are poised to fall.

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https://www.automotiveworld.com/articles/89335-uk-us-bnef-forecasts-ev-battery-overcapacity/

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