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PRTM Analysis Finds Li-ion Battery Overcapacity Estimates Largely Unfounded, with Potential Shortfalls Looming; Total Market Demand in 2020 Will Require 4x Capacity Announced To Date

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PRTM concludes that the large format Li-ion battery market could be under-supplied by nearly 10% by 2016. PRTM’s assessment, based on what it called a thorough review of the operational market dynamics, found the following: Under a “Most Probable” scenario, battery manufacturing capacity will hit a shortfall by 2016.

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Report: Li-ion Startup Imara Ceases Operations

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Greentech Media reports that lithium-ion startup Imara has ceased operations, due to a lack of funding. The company had experienced a delay in ramping up operations and could not line up investors to build a factory. The battery company, which grew out of a project at SRI started almost a decade ago, has ceased operations.

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Yardney and Coda Automotive Form JV for US Automotive Li-ion Systems Production; Lishen Expected to Participate

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and California-based Coda Automotive have entered into a joint venture (Coda Battery Systems LLC) to design, manufacture and sell automotive-grade, lithium-ion battery systems in the United States. Coda Automotive is currently safety and durability testing its Hafei-built all-electric highway sedan for the mass market. Earlier post.).

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. The Latin American market will be driven largely by uptake in Brazil, but other countries will also spur adoption, notably Uruguay which recently indicated it.

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National Alliance for Advanced Transportation Batteries Opts for Kentucky Site for Li-ion Plant

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The National Alliance for Advanced Transportation Batteries (NAATBatt) ( earlier post ) has selected a site in Hardin County, Kentucky to build a more than $600-million automotive lithium-ion battery plant. Kentucky was selected over Texas, Illinois, Kansas, Missouri, New York, Pennsylvania and South Carolina.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

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a provider of next-generation lithium-ion battery cells, modules and systems ( earlier post ), has entered a multi-year agreement to provide lithium-ion battery systems to Beijing Electric Vehicle Company (BJEV), the electric vehicle delivery arm of Beijing Automotive Industry Company (BAIC). They are the real market.

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MassCEC Approves $5M Forgivable Loan for A123 Systems; Targeted at Expansion for Grid Storage Systems

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The Massachusetts Clean Energy Center (MassCEC) has approved a $5-million forgivable loan for Li-ion battery manufacturer A123 Systems contingent on its hitting job creation and private investment milestones. With the new expansion, A123 Systems will assemble and commission grid-storage battery systems in Massachusetts.

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