The surge in battery production demand is projected to require more than 200 gigafactories worldwide. To compete, companies across the battery value chain must tackle multiple challenges that can impede growth, including shortages of raw materials, manufacturing equipment, and skilled labor while addressing increasing sustainability concerns, including energy efficiency, through recycling and circularity initiatives.

McKinsey’s Battery Accelerator team provides the insights and expertise to address these challenges and capture the major growth opportunities ahead. Our team consists of more than 200 experts across Europe, APAC and North America, including senior experts from the industry from cell R&D, gigafactory construction and industrialization, as well as other relevant topics.

We provide tailored solutions to clients active in the battery ecosystem, including companies operating in areas such as battery materials, manufacturing, storage, and recycling, as well as private-equity groups seeking to identify new investment opportunities. Whether through developing a comprehensive environmental, social, and governance (ESG) strategy, implementing digital technologies, or building critical organizational capabilities, we work closely with our clients -- from start-ups to global leading corporates -- to create value and drive sustainable growth.

We can help unlock opportunities in a wide range of areas, including but not limited to: