Lithium-Ion Batteries: Power Play

- October 7th, 2020

The demand for large-scale battery storage, shift to EVs, and growth in consumer electronics have increased the demand for lithium-ion batteries. The current battery cost for EVs is $156kilowatt-hour. Analysts estimate that the cost will drop to $100kilowatt-hour in 2024. Though 2020 is likely to be a dull year, activity in this segment is set to grow exponentially once the virus is contained. For further details …

  • The demand for large-scale battery storage, shift to EVs, and growth in consumer electronics have increased the demand for lithium-ion batteries.
  • The current battery cost for EVs is $156/kilowatt-hour. Analysts estimate that the cost will drop to $100/kilowatt-hour in 2024.
  • Though 2020 is likely to be a dull year, activity in this segment is set to grow exponentially once the virus is contained.

For further details see:

Lithium-Ion Batteries: Power Play

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