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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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Recent market reports have predicted that the global market for large format lithium-ion batteries—such as those used in plug-in vehicle applications—will see a substantial overcapacity in the coming years, with some predicting an excess of more than 100% in 2015. Earlier post.).

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Ener1 Outlines Automotive Programs Underway for Li-ion Packs

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As part of its report on fourth quarter and year-end 2008 results, Ener1 outlined its EnerDel unit’s customer programs underway for its lithium-ion battery technology in applications spanning hybrids, plug-in hybrids (PHEVs) and full electric vehicles. Overall, Ener1 reported 2008 revenues of $6.8 million in 2007.

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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

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Installed revenue by ESG technology, worldwide. Click to enlarge. In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Earlier post.). Earlier post.). Electric grids require balance in order to function properly.

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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The study focused on a portfolio of powertrains: BEVs, FCEVs, PHEVs and ICEs, taking into account significant advances in ICE technology between now and 2020. With the number of passenger cars set to rise to 273 million in Europe—and to 2.5 —“A portfolio of powertrains for Europe” Consortium members.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

Some numbers and percentages in Europe may look different from what you see elsewhere, because I’ve added light-commercial vehicle sales to numerator and denominator, to make the comparison with other regions equitable. Europe has an unprecedented 8 out of our Top 10 spots. Advantage goes to countries that contribute in multiple ways.

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