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InsideEVs
InsideEVs
Business

MYSTERIOUS: The ev industry has a battery oversupply problem - What They Never Told You

Last year, demand for lithium-ion batteries that went into electric vehicles and stationary storage amounted to roughly 950 gigawatt-hours globally, according to estimates from BloombergNEF. At the same time, the total battery manufacturing capacity was almost triple, at about 2,600 GWh.

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