China Already Makes as Many Batteries as the Entire World Wants-7.94 TWh annual worldwide production capacity has been announced through 2025

3 comments

1. Global car sales are about 75 million; at 80 kWh per car with pure electric that’s 6 TWh/year of battery demand. Leaves about 2 TWh/year for stationary storage. 15 year lifespan of batteries, so that would asymptote to 30 TWh of installed stationary storage, or about 9 hours backup for the entire global grid.

   Stationary storage will probably go somewhat higher than this long term term as global electricity demand grows, but yeah… 8 TWh/year of supply will be enough for quite a few years.

2. This is great, but is it already the year 2025?

3. Steel, lumber, solar, batteries cannot be priced too low. These are all raw materials that allow significant value added work above the materials cost. Locally used is local labour. Complaints about housing costs or EV prices can’t be made while needing absolute local control over the entire supply chain.

   Dumping accusations tend to be BS. One solution not considered is a national purchasing program instead of tariffs. Both build a strategic reserve of cheap materials, and possibly share profit with local producers who would use their sales forces/systems to sell from the strategic reserve with comission at prices that they choose, but with a government minimum.

   Strategic reserve buying would inflate the prices paid to foreign “dumpers” and compete with foreign manufacturers on the materials and so balance competition among users of materials.

   It is corruption and pure loser mentality to give national companies a subsidized monopoly that encourages them to maximize profits by limiting production and charging extortion prices. Accusations of dumping is typical late stage loser behaviour.