16 Mar '12, 8pm

Lithium-ion battery costs to fall by a third by 2017 as demand jumps

Prices for Lithium Ion Batteries Will Fall by More Than One-Third by 2017, Helping to Drive EV Adoption Managing transportation emissions and reducing energy insecurity due to a volatile oil industry are on the top of the agenda of many countries across the world. Electric vehicles (EVs) have a significant role to play in both of those areas, and while EVs will continue to be a niche market through the remainder of this decade, the global automotive industry is beginning to move away from the internal combustion engine and toward electric drivetrains. For auto manufacturers, the key to this shift will be the continual advancement in the capabilities of the vehicles' batteries, which will be led by lithium ion (Li-ion) chemistries. The convergence of the automotive industry toward battery power and the engineering of safe, reliable, and economical Li-ion batteries will slow...

Full article: http://green.autoblog.com/2012/03/16/lithium-ion-battery-...

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