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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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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.

Li-ion 335
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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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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.

Recharge 334
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Wärtsilä swappable battery containers enabling inland waterway vessels to operate with zero emissions

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Wärtsilä has developed and delivered a mobile battery container solution that will enable inland waterway vessels to operate with zero emissions. The energy containers—‘ZESpacks’—are standard 20-foot containers filled with 45 battery modules totaling 2 MWh and charged with green electricity.

Emissions 394
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European project to develop cobalt-free EV batteries awarded €11.8M

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The COBRA (CObalt-free Batteries for FutuRe Automotive Applications) project has been awarded a €11.8-million million grant to develop Next Generation Cobalt-free batteries. The project will result in a unique battery system that features superior energy density, low cost, increased cycles and reduced critical materials.

Batteries 360
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UK-based consortium to develop prototype solid-state batteries for automotive

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A consortium of seven UK-based organizations has signed a memorandum of understanding to combine ambitions to develop world-leading prototype solid-state battery technology, targeting automotive applications. Johnson Matthey – a global leader in sustainable technologies and the UK’s leading battery materials business.

Batteries 371