L R AS Published on Saturday 26 September 2020 - n° 333 - Categories:electric vehicles, lithium batteries
How will the cost of storage evolve?
According to IHS Markit, storage costs will continue to fall as a result of improved manufacturing productivity. This will lead to a higher adoption rate.
in automotive applications and electrical networks. Elsewhere, discoveries of lithium in the United States (in Nevada) and the United Kingdom (in Cornwall) have raised hopes for lower raw material costs and greater diversity in the supply chain. By 2023, according to IHS, the average cost of lithium-ion battery cells could fall below $100/kWh.
The spread of electric vehicles will contribute to lower battery prices by encouraging mass production and thus optimising production and economies of scale.
PV Magazine of September 24th
Editor's note The need for lithium and nickel will increase with the spread of electric vehicles. The assertion that vehicle prices will fall is still subject to discussion. It all depends on the prices of these minerals since the battery costs 33% of the price of an American vehicle in 2019 (according to Bloomberg). It would be enough if lithium or cobalt were to run out, for the prices of raw materials to soar and dissuade buyers!
As if to confirm, five or ten years ago, it was considered that petrol vehicles should be banned from city centres in 2030, then in 2040. Today we no longer hear about such a deadline. This is a sign.
