Why North America needs regional price references for lithium

Planned gigafactory development exceeds 1,000 GWh.

There are currently 27 battery electrode and cell manufacturing plants in the US, totaling some 280 GWh of annual capacity. However, only 12 of these have capacity over 1 GWh and can be classified as “gigafactories”.

Companies have been taking advantage of the attractive incentives and support on offer at both a state and federal level, to establish additional gigafactories within the US, to supply both the electric vehicle (EV) and energy storage system (ESS) sectors.

Click to read full article by Jordan Roberts at Fastmarkets.