Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) has given a major update to its battery swap business, which was launched about 3 years ago, in an attempt to standardize swapable electric vehicle (EV) batteries. The Chinese power battery giant announced the launch of standardized battery packs for passenger cars and unveiled aggressive infrastructure plans […]
Lithium News
Lithium-Ion Battery Costs Hit Record Low, Survey Says
If one obstacle to electric-car adoption is the cost of the batteries, a new survey finds those costs are going down. The price of lithium-ion battery packs has dropped 14% to a record low of $139 per kWh, according to analysis by research provider BloombergNEF. (BNEF is “a research organization that helps energy professionals generate […]
Lithium-Ion EV Battery Prices Have Hit a Record Low
There are plenty of things that go into making an electric vehicle, but one of the most prominent — both in terms of engineering and cost — is the battery that powers the whole thing. By and large, that means lithium-ion batteries, though there’s been an uptick of interest lately in their sodium-ion counterparts. But […]
Researchers make groundbreaking advancement that could revolutionize lithium batteries — here’s what you need to know
Battery researchers in South Korea plan to do some lithium crowd controlling inside power packs as part of an effort to make the energy storage units operate more efficiently. And, it seems they have plenty of lithium to maneuver, according to a lab summary from the Korea Research Institute of Chemical Technology, published by Newswise. […]
Lithium-ion battery pack prices fall 20% in 2024 amidst ‘fight for market share’
Global average lithium-ion battery pack prices have fallen 20% to US$115 per kWh this year, going below US$100 for electric vehicles (EVs), BloombergNEF said. The 20% drop is the biggest annual fall since 2017, the clean energy market intelligence arm of media company Bloomberg said in its annual Lithium-Ion Battery Price Survey, which found a 14% […]
Lithium supply surplus set to stay with battery makers’ help
Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output cuts – providing a boon for battery makers. The continued production raises the prospect of years of oversupply and of weak prices. Some battery makers […]
