Sekine: Global battery manufacturing capacity reached 3x demand in 2023
Yayoi Sekine · Pricing and tech trends shaping the global battery storage market · Feb 8, 2024 · at 8:53
BloombergNEF energy storage analyst Yayoi Sekine discusses global battery overcapacity and price compression with host Stephen Lacey.
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“When you have three X Battery like manufacturing capacity relative to total demands in the global market, which is where we are where we were in 2023, you kind of expect there to be some shakeup because not every company is able to ramp up a gigawatt hour factory and then run it at a at a production rate that will make sense for them.”
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