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Global battery market continues to see strong growth despite uncertainties and holds opportunities for European manufacturers

Global battery market continues to see strong growth despite uncertainties and holds opportunities for European manufacturers

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Battery Monitor 2024/2025 by Roland Berger and RWTH Aachen: Demand set to triple to as much as 4.6 terawatt hours by 2030 before doubling again by 2040 Europe's market is shaped by Asian cell manufacturers' price war as well as local overcapacity due to overly optimistic demand expectations New European players must show they can produce high-quality battery cells at low cost –

Roland Berger

Roland Berger is one of the world's leading strategy consultancies with a wide-ranging service portfolio for all relevant industries and business functions. Founded in 1967, Roland Berger is headquartered in Munich. Renowned for its expertise in transformation, innovation across all industries and performance improvement, the consultancy has set itself the goal of embedding sustainability in all its projects. Roland Berger revenues stood at more than 1 billion euros in 2023.

Roland Berger

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