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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

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Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide.

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Study sees gradual, focused replacement of lead-acid SLI batteries by Li-ion batteries over next couple of years

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A study by a team of researchers from Germany and South Africa forsees the gradual replacement of lead-acid SLI (starter, lighting and ignition) batteries with Li-ion batteries over the next couple of years. That will see an uptake of more hybrid-, plug-in hybrids and BEVs in the EU. —Ferg et al. Schuldt, J. 2019.03.063.

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North America just got its first recycled Li-ion battery materials plant

Baua Electric

Photo: Green Li-ion Green Li-ion has launched North America’s first commercial-scale plant to process unsorted battery waste, or “black mass,” from used lithium-ion batteries. Green Li-ion says its process significantly reduces production time, yielding pCAM in around 12 hours.

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IDTechEx: NiMH batteries still dominant in full hybrids, largely due to Toyota

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While the lithium-ion battery is dominant in battery-electric vehicles, NiMH batteries are still the most common in full hybrid vehicles (HEVs), according to a new report—“ Full Hybrid Electric Vehicle Markets 2021-2041 ”—from IDTechEx. It is also much more technologically mature and lower cost than Li-ion.

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CARB Executive Order certifies Toyota’s heavy-duty fuel cell electric powertrain kit as a Zero-Emission Powertrain (ZEP)

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Toyota was earlier granted a Zero Emission Powertrain (ZEP) Executive Order (A-014-1170) from the California Air Resources Board (CARB) for its new heavy-duty fuel cell electric powertrain kit. The hydrogen-fueled powertrain kit includes a 200 kWh Li-ion battery; hydrogen fuel storage tanks (58.8 Earlier post.)

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Saft Li-ion batteries to power Stockholm’s new Ballerina electric ferry

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Saft has received an order from Stockholm ferry operator Ballerina for lithium-ion (Li-ion) battery systems that will power a new electric ferry boat for the city of Stockholm. Saft sees significant potential in this market” —Christer Steen, Saft Sales Manager for the Nordic countries and Germany.

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Roskill sees recovery in lithium industry, buoyed by demand from rechargeable battery applications

Green Car Congress

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.

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