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Roskill forecasts Li-ion battery demand to increase more than ten-fold by 2029 to >1,800GWh

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Roskill forecasts that Li-ion battery demand will increase more than ten-fold by 2029, reaching in excess of 1,800GWh capacity. The pipeline capacity of battery gigafactories is reported by Roskill to exceed 2,000GWh in 2029, at more than 145 facilities globally.

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IDTechEx forecasts second-life EV battery market to reach US$7B by 2033

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IDTechEx forecasts that the second-life EV battery market will reach US$7B in value by 2033. The second-life EV battery market adds value to future energy infrastructure, creates a circular economy for electric vehicle (EV) batteries, and provides a lower levelized cost of storage compared to new batteries.

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FutureBridge expects cost-parity between solid-state and Li-ion batteries by 2025

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Market analysis firm FutureBridge expects that cost-parity between Li-ion and solid-state batteries could be achieved in another five years. Solid Power, Quantum Scape, and ilika forecast at least five years for SSBs to enter the automotive market.

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Roskill: Niobium industry looking for a future beyond steel; Li-ion batteries a possibility

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Moreover, Roskill forecasts that China’s steel production is close to its peak. Non-steel applications account only for a couple of percentage points in terms of consumption but electrical vehicles (EVs) batteries and nanocrystalline applications could grow at a double-digit rate in the next decade, depending on technological developments.

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Benchmark: world needs more than 300 new mines by 2035 to keep up with Li-ion battery demand; need for recycling

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Demand for lithium-ion batteries is set to grow six-fold by 2032, according to Benchmark. Scrap from gigafactories will be the primary source of recyclable battery material for the next decade, according to Benchmark’s Recycling Report. Collecting process scrap is far simpler than collecting end-of-life batteries, however.

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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts.

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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. Lithium demand by application in 2019. Source: Roskill.

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