Tag Archives: lithium ion batteries

Latin America’s opportunity in critical minerals for the clean energy transition

Latin America is an established producer of several minerals essential for clean energy technologies, and could build on its well-established mining sector to diversify into new minerals and help the global economy avoid the shortfalls and bottlenecks that could threaten clean energy transitions. The region already produces large quantities of lithium, which is needed for … Continue reading Latin America’s opportunity in critical minerals for the clean energy transition

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Annual Capacity of Lithium Ion Batteries for Plug-In Electric Vehicle Second-Life Stationary Energy Storage Is Expected To Reach 11 GWh by 2035

Residual asset value of lithium ion batteries for vehicles could create a distributed energy resource revenue opportunity for automotive OEMs A new report from Navigant Research explores the concept of reusing plug-in electric vehicle (PEV) lithium ion (Li-ion) batteries for stationary energy storage system (ESS) applications, focusing on the key issues, market drivers, and challenges … Continue reading Annual Capacity of Lithium Ion Batteries for Plug-In Electric Vehicle Second-Life Stationary Energy Storage Is Expected To Reach 11 GWh by 2035

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Growth in lithium ion batteries for the vehicle electrification and grid energy storage sectors was significant in 2014

A new report from Navigant Research details global shipments of advanced batteries, including documentation on energy capacity, power capacity, cells shipped, and revenue, in 2014. With increased sales of consumer electronics, particularly smart phones, plus growing interest in plug-in electric vehicles (PEVs) and grid management, demand for advanced batteries continues to rise. Between 2013 and … Continue reading Growth in lithium ion batteries for the vehicle electrification and grid energy storage sectors was significant in 2014

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Electric Motorcycle and Scooter Sales are Expected to Total 55 Million From 2015 to 2024

The transition from sealed lead-acid to lithium ion batteries is driving rapid industry advances, report finds.     A recent report from Navigant Research examines the global markets for electric motorcycles and scooters and the related battery technologies, including global forecasts for electric two-wheeled vehicles and the batteries used in the vehicles through 2024. Taken … Continue reading Electric Motorcycle and Scooter Sales are Expected to Total 55 Million From 2015 to 2024

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Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals

Molten salt batteries still account for a majority of existing grid storage installations, but Li-ion is rapidly taking over as the market matures, says Lux Research. Lithium-ion (Li-ion) batteries have become the dominant technology in grid storage, capturing a 90% share of systems proposed last year. Molten salt batteries still account for a majority of … Continue reading Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals

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Nearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015

A new Tracker report from Navigant Research provides a comprehensive resource of energy storage projects worldwide, including information on 804 projects encompassing more than 12,000 individual systems.   2014 was a major year for the global energy storage industry, with some of the largest single contracts in history awarded to leading storage companies. Driven primarily … Continue reading Nearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015

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Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023

A recent report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023.       Since 1991, when the first mass-produced lithium ion (Li-ion) batteries emerged, the market for advanced batteries … Continue reading Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023

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Syrah Resources Successfully Produces Li-ion Battery Grade Spherical Graphite

On 20 November 2014, Syrah Resources announced that it has successfully produced uncoated battery grade spherical graphite, using natural flake graphite from its Balama Graphite & Vanadium Project in Mozambique. The battery market currently represents approximately 23% of global flake graphite output and is expected to be a rapidly growing sector due to lithium ion … Continue reading Syrah Resources Successfully Produces Li-ion Battery Grade Spherical Graphite

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Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023

The majority of these materials are likely to be used in lithium ion batteries, report concludes. A new report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for the capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023.   The … Continue reading Revenue from Materials for Advanced Batteries is Expected to Reach $19.3 Billion Annually by 2023

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Saft to Deliver Third Li-ion Energy Storage System for California Utility

The lithium-ion (Li-ion) energy storage systems will be used to mitigate power fluctuations inherent with solar-generated electricity. Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has received its third contract from a major California utility. Since the first utility-scale storage system was commissioned at the end of 2012, Saft received … Continue reading Saft to Deliver Third Li-ion Energy Storage System for California Utility

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Worldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023

A recent report from Navigant Research analyzes the global market for next-generation advanced batteries, with a focus on the current leading battery chemistry, lithium ion, and the energy storage device types that might eventually replace it. While lithium ion (Li-ion) batteries offer many advantages over traditional battery technologies, research and development of new battery chemistries … Continue reading Worldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023

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Germany opens first renewable energy storage facility

The 5 megawatt lithium-ion unit was designed by the Berlin-based grid and storage specialists Younicos for WEMAG, a supplier of green electricity based in the northern German city of Schwerin. Europe’s largest commercial battery power plant was connected to the grid today in the presence of Vice-Chancellor and Energy Minister Sigmar Gabriel and Mecklenburg-Western Pomerania’s … Continue reading Germany opens first renewable energy storage facility

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Tesla Motors’ Gigafactory Will See More Than 50% Overcapacity in its Li-ion Production

Tesla Motors’ plan to build a new 35 GWh lithium-ion cell production facility – dubbed the Gigafactory – for electric vehicles that will bring about only a modest reduction in battery costs, and create significant overcapacity, given likely sales of less than half the targeted 500,000, according to Lux Research. Tesla and its partner, Panasonic, … Continue reading Tesla Motors’ Gigafactory Will See More Than 50% Overcapacity in its Li-ion Production

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Lithium Ion Batteries for Consumer Electric Vehicles Will Surpass $24 Billion in Annual Revenue by 2023

Lithium ion (Li-ion) batteries have emerged as the leading battery technology for a wide variety of applications, including mobile devices, grid-scale energy storage, and electric vehicles (EVs). The market for Li-ion batteries for automobiles is expected to expand rapidly over the next 10 years, with battery electric vehicles (BEVs) for consumers drawing the largest share. … Continue reading Lithium Ion Batteries for Consumer Electric Vehicles Will Surpass $24 Billion in Annual Revenue by 2023

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The future of batteries

Everywhere you look, you see lithium-ion batteries. They’re in your laptop, your cell phone, your power tools, maybe even your car. Lithium-ion battery research accounts for about 95% of all battery research and development, which has resulted in countless improvements to the technology. But lithium-ion batteries can only go so far. The Joint Center for … Continue reading The future of batteries

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Next-Generation Advanced Batteries Will Reach $9.4 Billion in Annual Revenue by 2023

The primary battery chemistry currently used for applications that require advanced batteries, lithium ion (Li-ion), has limitations that include input costs and materials scarcity. Research and development of new battery chemistries, beyond Li-ion, is advancing rapidly and will have a major impact on the battery industry in the coming years. According to a new report … Continue reading Next-Generation Advanced Batteries Will Reach $9.4 Billion in Annual Revenue by 2023

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Lithium Ion Batteries for Electric Vehicles Will Surpass $26 Billion in Annual Revenue by 2023

The steady increase in sales of electric vehicles (EVs) has led to advances in EV batteries, particularly those using lithium ion (Li-ion) technology.  While early hybrid vehicles featured nickel-metal hydride (NiMH) batteries, Li-ion batteries have taken over, particularly in the latest generation of plug-in electric vehicles (PEVs). According to a new report from Navigant Research, … Continue reading Lithium Ion Batteries for Electric Vehicles Will Surpass $26 Billion in Annual Revenue by 2023

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Lithium-ion batteries successfully pass ageing test

The BPT-S 5 Hybrid from Bosch uses lithium-ion batteries, which continue after years of intensive use to reliably provide households with electricity from its own PV system without the need for maintenance. This has now been proven through ageing tests, which have been carried out by the independent Institute for Power Electronics and Electrical Drives … Continue reading Lithium-ion batteries successfully pass ageing test

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Tesla aims for massive lithium-ion battery production

The Gigafactory is designed to reduce cell costs much faster than the status quo and, by 2020, produce more lithium ion batteries annually than were produced worldwide in 2013. By the end of the first year of volume production of our mass market vehicle, we expect the Gigafactory will have driven down the per kWh … Continue reading Tesla aims for massive lithium-ion battery production

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U.S. electric car maker Tesla to build battery plant

High-profile U.S. electric vehicle maker Tesla Motors announced Wednesday plans to build a huge lithium ion battery factory, which is expected to bring down cell costs drastically. Tesla, known for its expensive but highly admired electric sedans, said on its blog that, with its goal of producing a mass market electric car in about three … Continue reading U.S. electric car maker Tesla to build battery plant

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