Amber Owens, MBA’s Post

Great insights from this article: great opportunity ahead in Europe and North America to localize battery cell components. The challenge: high barrier to entry (investment but also funding are available) and Asian-based incumbent probably a step ahead.

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.

As the demand for battery electric vehicles continues to rise, the battery cell component market is set to grow by 19% annually until 2030, reaching over $250 billion. #McKinsey's latest article explores the opportunities and challenges in Europe and North America, highlighting the need for local supply to meet demand. Discover how companies can seize this opportunity, overcome market entry hurdles, and contribute to a sustainable future. #sustainability #EVs #batteryindustry

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.

Global demand for battery components is expected to increase 19% per year until 2040. The window of opportunity is now for those that can meet the need in Europe and North America. McKinsey’s Battery Accelerator Team note the moves needed to win: - Disciplined bets on R&D, capital allocation, and regional markets - Partnerships, talent strategy, and competitive moats to build a backbone of success - Doubling down on capital project delivery and ramp-up Read the full article below.