Batteries Industrial Industry Price 
Green Car Congress
NOVEMBER 25, 2020
Despite the trend toward transportation electrification, the lithium industry has had a rough few years. In its new Lithium Outlook to 2030 report, Roskill notes that the prolonged downward trend for lithium compound and mineral concentrate prices has caused a difficult environment for many lithium producers since 2018.
Green Car Congress
FEBRUARY 17, 2020
Niobium is a metal primarily used by the steel industry as a ferroalloy strengthening element. Adding niobium reduces the amount and weight of steel required, an important feature for the automotive industry but also for infrastructure. CBMM dominates the market with a 78% market share and is seen as the price-setter.
Green Car Congress
MAY 14, 2022
The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade. Benchmark Lithium Price Index as of 22 April 2022.
Green Car Congress
FEBRUARY 4, 2021
Further additions to lithium production capacity for mined and refined lithium products will be required to keep pace with demand growth, led by battery applications. In 2019, rechargeable batteries accounted for 54% of total lithium demand, almost entirely from Li-ion battery technologies.
Green Car Congress
AUGUST 4, 2023
More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. Despite this, there have been several challenges that shipbuilders and maritime battery suppliers have had to navigate in recent years. Battery deliveries to ships 2019-2022 GWh.
Green Car Congress
AUGUST 5, 2023
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. TWh of batteries will be needed in 2030, compared to 3.9 Globally, Benchmark’s Lithium ion Battery Database forecasts that 43.7% million EVs.
Green Car Congress
DECEMBER 1, 2021
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). All prices are in real 2021 $, unless stated as nominal.) At the cell level, average BEV prices were just $97/kWh.
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