Growing manufacturing infrastructure, improving range and rapidly declining costs are making Li-ion batteries tough to beat. David E. Zoia reports.
What’s up next for electric-vehicle batteries? More of the same and that means it’s far from over for lithium-ion.
Although there’s much hype around lower-cost, longer-range batteries to come, it’s really just the dawn of the Li-ion era, and there remains considerable untapped potential yet in the technology as automakers seek to develop lower-cost, higher-range EVs.
Battery makers only recently have begun to make big commitments to high-volume Li-ion production, with 12 new or expanded mega-factories reportedly set to come online worldwide by 2020. That includes 120 GWh of new cell capacity in China alone – enough battery power for another 1.5 million EVs annually.
With that level of new investment, the industry likely is chained to Li-ion technology – for better or worse – for most of the coming decade, or even beyond. This article first appeared in WardsAuto.
08 Jan 2018, LAS VEGAS, USA
The Consumer Telematics Show (CTS) kicks off the calendar year for the connected car community. It is the largest and most focused meeting point for 500+ automotive execs before CES