Battery manufacturing has become one of the busiest corners of the global industrial construction market.
According to GlobalData project-tracking data, the world’s 20 largest battery developments represent $125bn in combined investment. Most are manufacturing facilities. Some include refining capacity. Together, they offer a useful snapshot of where countries are expanding their position in the battery supply chain.
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Indonesia tops the ranking with the planned $12bn Indonesia EV Battery Factory. It is one of four Indonesian projects in the top 20, alongside the Indonesia Lithium-Ion Battery Facility, the Karawang Electric Vehicle Battery Manufacturing Plant and the Karawang Battery Cell Manufacturing Plant.
The four Indonesian projects alone account for roughly $37.6bn of investment, giving the country a larger presence in the ranking than any other market. As governments compete to attract battery production, Indonesia is moving beyond its role as a supplier of raw materials and investing heavily in manufacturing capacity.
China remains another major centre for battery construction. The $9.855bn Hangzhou Xiaoshan Lithium Battery Manufacturing Plant is the second-largest project in the ranking, while the Xiangyang Lithium Battery Production Plant and Yichang Lithium Battery Industrial Park: Phase II also feature among the world’s biggest developments.
The US contributes four projects worth a combined $20.5bn, including the BlueOval City Battery Manufacturing Facility, Queen Creek Battery Manufacturing Plant, Cartersville Electric Vehicle Battery Manufacturing Facility and Jeffersonville Lithium-ion Battery Manufacturing Plant. Canada adds the $5.049bn St. Thomas EV Battery Plant, bringing total North American investment in the ranking to more than $25bn.
Across Europe, battery construction continues to gather momentum. Hungary’s Debrecen Electric Vehicle Battery Plant ranks among the largest projects globally at $8.571bn. France, the UK, Spain and Germany also appear in the top 20 through a mix of gigafactory and battery manufacturing developments, reflecting a broader push to expand domestic production capacity.
While battery plants do not occupy the vast footprints associated with major transport corridors or energy infrastructure projects, they remain among the most capital-intensive industrial facilities under development. Advanced production equipment, automation systems, specialist engineering requirements and extensive power infrastructure all contribute to project costs that routinely run into the billions.
Extracted and interpreted from a GlobalData report and project-tracking data. Figures and examples cited are attributed to GlobalData’s project pipeline insights.
To access the full report, visit the GlobalData Construction Intelligence Centre: www.globaldata.com/industries/construction.
