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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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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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Moreover, Roskill forecasts that China’s steel production is close to its peak. The maximum power output and minimum charging time of a lithium-ion battery depend on both ionic and electronic transport. 2018) “Niobium tungsten oxides for high-rate lithium-ion energy storage.” The paper (Griffith et al. )

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FutureBridge expects cost-parity between solid-state and Li-ion batteries by 2025

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Market analysis firm FutureBridge expects that cost-parity between Li-ion and solid-state batteries could be achieved in another five years. Solid Power, Quantum Scape, and ilika forecast at least five years for SSBs to enter the automotive market. Over the next decade, ilika plans to have SSBs with 10-year operating life.

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Benchmark: world needs more than 300 new mines by 2035 to keep up with Li-ion battery demand; need for recycling

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Demand for lithium-ion batteries is set to grow six-fold by 2032, according to Benchmark. Benchmark forecasts this scrap will account for 78% of the pool of recyclable materials in 2025. However, recycling could help reduce the number of mines needed.

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Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015

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Total lithium-ion transportation battery revenue by region, world markets: 2012-2020. In a new report , Pike Research forecasts that the overall market for Li-ion batteries in light duty transportation will grow from $1.6 Source: Pike Research. Click to enlarge. billion in 2012 to almost $22 billion in 2020.

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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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Li-S Energy achieves 45% increase in volumetric energy density to 540 Wh/l with new semi-solid-state Li-sulfur battery

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Australian battery technology company Li-S Energy recently announced the development of its first 20-layer battery cells utilizing third-generation (GEN3) semi-solid-state lithium-sulfur battery technology.

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