IEA says for the world to have a pathway to net-zero emissions by 2050, over 6.5 terawatt-hours (TWh) of battery production capacity will be needed by 2030. Photo: Bloomberg
IEA says for the world to have a pathway to net-zero emissions by 2050, over 6.5 terawatt-hours (TWh) of battery production capacity will be needed by 2030. Photo: Bloomberg

Urgent need for EV battery industry to expand and be more sustainable to meet future demand, analysts say

  • Rapid electrification of the transport sector, which accounts for around 25 per cent of global greenhouse gas emissions, means battery production needs to expand
  • Ramp-up also poses challenges, such as raw material availability, more sustainable battery production methods and greater innovation

Topic |   Electric cars
IEA says for the world to have a pathway to net-zero emissions by 2050, over 6.5 terawatt-hours (TWh) of battery production capacity will be needed by 2030. Photo: Bloomberg
IEA says for the world to have a pathway to net-zero emissions by 2050, over 6.5 terawatt-hours (TWh) of battery production capacity will be needed by 2030. Photo: Bloomberg
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