Can Tesla and the world produce enough batteries to meet EV ‘frenzy’?
New global battery production capacity must increase tenfold to $US560 billion by 2030 to meet demand for EVs. Tesla must increase spending 60-fold.
Batteries
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James Fernyhough is a reporter at RenewEconomy and The Driven. He has worked at The Australian Financial Review and the Financial Times, and is interested in all things related to climate change and the transition to a low-carbon economy.
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