Rethink Energy 227: Battery industries up 60%+ in Q1

Rethink Energy Podcast
26/05/2025 12 min Temporada 1 Episodio 227

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Episode Synopsis

Both the EV power battery industry and the energy storage industry have grown over 60% year-on-year in Q1, according to various statistics - but even a fourfold growth in demand could be acommodated by the existing production capacity of lithium, as the energy storage segment can respond to future raw material price hikes by adopting alternative chemistries like vanadium-flow and sodium-ion.

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