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Battery Advances Over the Next Ten Years

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For example the volumetric energy density of lithium-ion batteries has increased eightfold since 2008, from around 55 watt-hours/litre to 450 watt-hours/litre in 2020. At the same time the cost of lithium-ion battery packs declined 87% between 2008 and 2021. Another chemistry that is coming onstream is sodium ion.

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What’s Happening in EV Battery Technology

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Up next: LFPs and solid-state batteries Already powering most of the EVs made in China, lithium iron phosphate batteries , or LFPs, are making their way onto US, European, and other markets in select models from Tesla, Toyota, Ford, and Hyundai.

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Promising EV Trends to Lookout For in 2023

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Although the higher upfront costs have long been a barrier to EV adoption, major automakers like Tesla, Chevrolet, Nissan, and Hyundai are also lowering the cost of their current models. Some other Battery news are, New developments and experiments in battery chemistries like lithium-air and magnesium-ion are going on.

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