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UK electric vehicle and battery production potential to 2040

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Abstract:

In an update to its 2022 study, the Faraday Institution predicts that by 2030, the UK will need the equivalent of six gigafactories (large, high volume battery manufacturing facilities) each producing 20 GWh per year of batteries. By 2040, the demand is expected to rise to the equivalent of 10 such gigafactories. This demand could be met by fewer, larger gigafactories reaching the same total capacity.

Publication Year:

2024

Publisher:

Faraday Institution

DOI:

No DOI minted

Author(s):

Faraday Institution

Language:

English

File Type:

application/pdf

File Size:

1617000 B

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Further information:

N/A

Region:

United Kingdom

Publication Type:

Research Report

Subject:

Technology

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