<ul><li>Global lithium-ion battery demand surpasses 1 TWh mark, driven by record month for EV sales and strong BESS deployments in November.</li><li>Lithium-ion demand set to increase 26% YoY in 2024 compared to 2023, with BESS market showing impressive growth.</li><li>Demand for lithium-ion batteries in stationary storage applications has doubled from 7% in 2020 to 15% in 2024.</li><li>November saw record-breaking month for EV sales with 1.8 million units sold globally, China contributing over two-thirds of the figure.</li></ul>

Annual lithium-ion demand surpasses 1 TWh for first time

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