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Businessweek
Businessweek
Business
Sheldon Reback

Vehicles to Take the Lead in Lithium

(Bloomberg Businessweek) -- Forget the toys, transport worldwide will be the main driver of demand for lithium-ion batteries this year for the first time, overtaking consumer electronics, according the Bloomberg New Energy Finance. By 2030, electric vehicles and e-buses will account for almost 90 percent of production. Manufacturing capacity already underway will meet BNEF’s 2020 predictions, but will have to quadruple after that to meet the forecasts for 2030.

To contact the author of this story: Sheldon Reback in London at sreback@bloomberg.net

To contact the editor responsible for this story: Ben Vickers at bvickers@bloomberg.net, Iain WilsonLogan Goldie-Scot

©2018 Bloomberg L.P.

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