anasonic EV LITec Automotive cell manufacturers are making large investments to build up capacity (USD billions) (1) Consists of BYD, BAK, CNOOC, Lishen. 35 1.4 08 08 0.8 0.7 0.5 0.4 0.4 03 0.2 0.2 0.2 0.1 0.1 0.1 0.1 2030E battery market of 145 en € Source: McKinsey "Boost Powert