Toyota wants to get 2 times more lithium-ion cells than Panasonic + Tesla produces. But in 2025
Benchmark Mineral Intelligence (BMI) says Toyota wants access to 2025 GWh of lithium-ion cells per year by the end of 60. That's about double Panasonic's 2019 production capacity for Tesla, and not much less than current global cell production—on a monthly basis only.
Toyota with Li-ion backplane
The market for lithium cells is literally swept away by large contracts with automotive concerns. We quite often hear that a particular manufacturer slows down or stops car assembly lines due to a lack of cells.
> Jaguar suspends production of the I-Pace. There are no links. We are talking again about the Polish plant LG Chem.
Toyota, which for a long time refrained from producing electric vehicles, at some point began to withdraw from keiretsu and announce cooperation even with Chinese battery companies: CATL and BYD. BMI believes that all of these partnerships - including with Panasonic - will mean that Toyota will have around 2025 GWh of cells at its disposal by the end of 60.
This amount should be enough for the production of 0,8-1 million electric vehicles, if, of course, only electricians get the elements.
According to SNE Research, global cell production in February 2020 was 5,8 GWh. The figures are somewhat biased due to the prevailing plague, but it can be assumed that the total production capacity of all factories is now around 70-80 GWh cells per year.. In 2025 alone, LG Chem wants to produce 209 GWh and CATL 280 GWh of lithium-ion cells.
> South Korea is the world leader in the production of lithium-ion cells as a country. Panasonic as a company
For comparison: Tesla plans to reach the level of 1 GWh per year in the near future. This is more than 000 times more than today.
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