China Leading the Charge for Lithium-Ion Megafactories. The Chart of the Week is a weekly Visual Capitalist feature on Fridays.. Tesla's Gigafactory 1 has been a center of attention for people interested in the growing momentum behind green energy, electric cars, and battery production.
Note: This article first appeared on Trend Investing on December 20, therefore all information is as of that date. As lithium-ion (Li-ion) batteries continue to electrify our world, over 11 million tonnes of spent Li-ion batteries will be discarded through to 2030.
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Most lithium-ion batteries use an anode made largely from graphite, a form of carbon that can be either mined or synthesized. When the battery is being discharged, lithium ions depart the anode and move to the cathode, creating an electron flow to power your phone or car motor.