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BloombergNEF annual battery price survey finds prices fell 6% from 2020 to 2021

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Lithium-ion battery pack prices, which were above $1,200 per kilowatt-hour in 2010, have fallen 89% in real terms to $132/kWh in 2021, according to a new report from BloombergNEF (BNEF). This marks a 6% drop from $140/kWh in 2020. On a regional basis, battery pack prices were cheapest in China, at $111/kWh.

Price 469
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NIO launches Battery as a Service (BaaS) in China; battery swap system

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Premium EV manufacturer NIO has launched Battery as a Service (BaaS) for customers in China. NIO BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly.

China 508
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Adamas: Tesla consumed more lithium than next four EV makers combined in 2020

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In 2020, Tesla deployed 18,700 tonnes of LCE onto roads globally in the batteries of its newly sold passenger EVs, more than the next four EV makers (BYD, VW, Renault and Audi) combined, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. Through the.

2020 404
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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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According to the California Independent System Operator, battery storage capacity in the state has increased by nearly 20 times since 2019—from 250 megawatts (MW) to 5,000 MW. compared to 2020. This amount remains unchanged from 2020 despite the jump in renewables due to drought-related declines in hydroelectric generation.

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Mercedes-Benz expands battery supply partnership with CATL and new €7.34B battery plant in Hungary

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Mercedes-Benz is taking another step to scale up development and production of next-generation high-performance battery cells and modules by expanding its battery supply relationship with CATL through CATL’s newly announced battery plant in Debrecen, Hungary. The project will supply both cells and modules to European automakers.

Hungary 195
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Lotus Engineering launching new pilot containerized battery test facility

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Lotus Engineering is launching a pilot containerized battery testing facility to assess energy storage solutions for the booming EV sector. It will allow Lotus Engineering to carry out various battery cell, module and pack characterization tests, performance evaluations, and component and lifetime testing under controlled conditions.

Engine 432
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RecycLiCo delivers battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and South Korea

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RecycLiCo Battery Materials (formerly American Manganese), has delivered samples of its battery-grade lithium carbonate and lithium hydroxide to battery manufacturers in Japan and South Korea. 2020) “Experimental Study on Recycling of Spent Lithium-Ion Battery Cathode Materials” J. Electrochem.