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Ducker survey of automakers suggests aluminum content surge in EV market; SUVs & pickups to constitute 85% of the BEV market by 2030

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A new survey of automakers and Tier 1 suppliers conducted by Ducker Carlisle concludes that as electric vehicles continue to enter the mass market, aluminum demand will grow through the end of the decade. BEV share of production nearly doubled from just under 3% in 2020 to approximately 6% in 2022.

Market 449
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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.

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IDTechEX: solid-state battery market will grow to $8B by 2031

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A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Major solid-state battery players globally.

Market 418
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New EV market share in Europe hits 7.2% in Q2 2020, up from 2.4% in same period last year

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In the second quarter of 2020, the market share of electrically-chargeable vehicles increased to 7.2% During the second quarter, passenger cars with conventional internal combustion engines took the biggest hit from the coronavirus crisis, with sales falling by more than half across the EU from April to June 2020. Source: ACEA.

2020 357
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Adamas: LFP market share drops to 6% in global passenger EV batteries in 2019; potential comeback in 2020 with cell-to-pack

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In 2019, the market share of lithium-iron-phosphate (LFP) cathode chemistry fell to 6% in global passenger EV batteries by watt-hours deployed (i.e. installed in newly-sold EVs), down from 13% the year prior, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. Cell-to-pack.

2019 344
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EIA: US large-scale battery storage power capacity increased 35% in 2020

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The United States continued a trend of significant growth in large-scale battery capacity, with US battery power capacity reaching 1,650 megawatts (MW) by the end of 2020. At the end of 2019, 163 large-scale battery storage systems were operating in the United States, a 28% increase from 2018.

2020 243
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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

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Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 billion in 2020 at a 15.6% Asia-Pacific (APAC) dominates the market and continues to be the highest revenue-generating region. It is slated to account for nearly a third of the global Li-ion battery manufacturing capacity by 2027.

Li-ion 170