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Li-ion battery maker CATL opens its first North American sales and service facility

Green Car Congress

Ltd ( CATL ), a leading global supplier and manufacturer of lithium-ion battery products for electric vehicles (EVs) and energy storage facilities, is renewing its commitment to the US market by opening its first North American sales and service facility. Contemporary Amperex Technology Co. GWh shipped in 2017.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

As an example of cost direction, BCG forecasts that NCA cell and pack costs will decline 60-65% by 2020. Of the roughly 14 million electric cars forecast to be sold in 2020 in China, Japan, the United States, and Western Europe, BCG projects that some 1.5 Tradeoffs among five principle Li-ion chemistries.