Article

The Asia-Pacific battery manufacturing construction pipeline is projected to grow to $45.4 billion by 2027, driven by increasing electric vehicle demand and energy storage needs. Despite a slowdown in current execution, the region is seeing a surge in planned projects, indicating strong long-term growth.

China leads in production capacity, while South Korea and Japan excel in advanced technologies. Indonesia and Malaysia are emerging players due to their resource availability and investments. Execution spending is expected to be $23.4 billion in 2026 and peak planning at over $38 billion by 2028.