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IHS Markit: average cost of lithium-ion battery cell to fall below $100/kWh in 2023

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The average cost of a Li-ion battery cell—used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit. Cost is the name of the game.

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NREL, INL team assesses levelized cost of light-duty EV charging in US in 2019

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A team from the National Renewable Energy Laboratory (NREL) and the Idaho National Laboratory has produced a detailed assessment of the current levelized cost of light-duty electric-vehicle charging (LCOC) in the United States, considering when, where, and how EVs are charged. kWh); however, costs vary considerably (e.g., from $0.08/kWh

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Benchmark launches Li-ion Battery Raw Material Price Index

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Benchmark Mineral Intelligence has launched a Lithium-ion Battery Raw Material Price Index. The index is published every month for the following lithium ion battery chemistries: NCM High-Nickel (8 and 9 series blends, e.g. NCM 811, NCM 9). The index covers the following battery chemistries: NCM MID-NICKEL. Manganese sulfate.

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Argonne hosting webinar on profitably recycling EV batteries; EverBatt tool

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Argonne National Laboratory will host a public webinar on the challenges of recycling Li-ion batteries and possible solutions. Qiang Dai, sustainability analyst at Argonne, will show how anyone can measure the costs of recycling lithium-ion batteries and how the process affects the environment with Argonne’s free EverBatt tool.

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IDTechEx: Sales of electric motorcycles in Europe grew 50% y-o-y in 2020

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IDTechEx expects electric motorcycle sales in Europe to have grown at least 50% year-on-year in 2020, building on the momentum of recent years. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. 2020 is an IDTechEx estimate based on Q1 - Q3 2020 data. Source: ACEM, IDTechEx.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

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Q1 2020 saw monthly average prices fall further to less than US$7,000/t Li 2 CO 3 for the first time since 2014, eroding price increases caused by forecast strong demand growth in the lithium-ion battery industry and uncertainty over future supply. In 2019, monthly average lithium carbonate prices fell 36% between January and December.

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General Motors to recall all additional Bolt EVs, through MY 2022, for battery replacement; $1B cost

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General Motors is voluntarily expanding the current Chevrolet Bolt EV recall ( earlier post ) to cover the remaining 2019 and all 2020-2022 model year vehicles, including the new Bolt EUV. GM will replace defective battery modules in Chevrolet Bolt EVs and EUVs with new modules, with an expected additional cost of approximately $1 billion.