Which battery technology is most popular in Southeast Asia?
There are currently two prominent battery technologies in the market: Nickel Manganese Cobalt (NMC) and Lithium Iron Phosphate (LFP). Southeast Asia is naturally advantaged to develop an NMC technology-focused battery ecosystem given the region’s vast reserves of nickel, which is the main raw material for NMC batteries.
What is the Southeast Asia Solar supply chain map?
This edition of the Southeast Asia Solar Supply Chain Map provides a detailed snapshot of current realities and future ambitions, as the region navigates complex trade, investment, and production challenges.
Can Southeast Asia establish an end-to-end battery value chain?
Southeast Asia has significant potential to establish an end-to-end battery value chain, given its rich critical mineral resources and strong interest from global industry players to establish a domestic manufacturing footprint.
What is the global demand for battery manufacturing output from Southeast Asia?
Global and Southeast Asia battery demand for battery manufacturing output from Southeast Asia is expected to be led by exports to other regions (e.g., US, Europe), despite growing regional demand. Based on the current trajectory of demand, global demand for batteries is projected to increase by approximately 25% per year to 4.5 TWh by .
Is PV module manufacturing in Southeast Asia under pressure?
Thanks to new data, this edition includes entries such as ICA Solar and United Renewable Energy (URE), reflecting the evolving landscape of PV manufacturing in the region. Despite strong ambitions, PV module manufacturing in Southeast Asian is currently under pressure.
Are used EV batteries available in ASEAN?
This report has provided future projections of available used EV batteries in ASEAN. Its magnitude is compared with the estimated need for stationary use for variable renewable energy sources. The report has also provided policy implications for ASEAN countries towards facilitating the reuse of batteries from EVs.
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