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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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IDTechEx forecasts second-life EV battery market to reach US$7B by 2033

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IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts.

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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.

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Lux Research forecasts Li-ion EV battery pack costs to decrease to $397/kWh in 2020

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Vehicle applications demand a different scale in both size and performance, and no other incumbent technology combines the power and energy performance of Li-ion batteries. Plug-in vehicles’ fates are tied to the cost of Li-ion batteries, so developers need to focus on the innovations that have biggest impact on cost.

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Pike Research forecasts annual sales of electric bicycles to surpass 47M units by 2018; Li-ion battery share to climb to 12%

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Pike Research forecasts that the worldwide market for e-bicycles will grow at a compound annual growth rate (CAGR) of 7.4% Under a more aggressive forecast scenario, worldwide e-bicycle sales could reach 51 million units and $13.2 Source: Pike Research. Click to enlarge. between 2012 and 2018, resulting in global sales of 47.6

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Lux: 48 V micro-hybrid market will pass 7M vehicles in 2024; promising for LTO Li-ion batteries

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According to a new forecast by Lux Research, the likely 48 V micro-hybrid market will exceed 7 million vehicles in 2024, with the first adoption year beginning in 2015 and more focused on premium vehicles, in which cost sensitivity in order to reach regulation targets without sacrificing performance is lower. Click to enlarge.

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