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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

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Although lithium-ion cell and pack costs are expected to fall sharply by 2020, they are unlikely to drop enough to support widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The Boston Consulting Group (BCG).

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A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

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EnerDel purchases their raw materials from suppliers in Japan and Korea but is working on localizing production in the US. The anode and cathode materials are a mixture of active ingredients, solvent and binder. The active materials are defined by the cell chemistry. The coating equipment is one of the plant’s major capital items.

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